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Originally Posted by jlyriq  ok so i've been reading my states UCC and i just cant seem to get it. I see what is says companies must do (as far as repo's and deficiencies) buti dont see the consequences for the company if it doesnt follow the rules. Please help! Michigan Legislature - 174-1962-9-6 |
Look through these sections 440.9601-440.9608-440.9614.Although it doesn't say what will happen if they don't follow the law there would be consequences like if they sell for more than what you owe.they have to refund the difference,and i think if it went to court the judge would set the damages.
