"Florida Repossession Laws"
Florida is one of the few states that permits repossession when borrowers fall behind on payments. Knowing the state’s repossession laws can help you protect your assets if you ever find yourself in a financial situation where you are unable to make payments.
Under Florida law, lenders may legally seize personal property such as cars and other household items when borrowers fail to make payments. In order for repossession to occur, lenders must first provide written notification of their intent to repossess the item in question. The notice must also explain how the borrower can prevent repossession by catching up with their missed payments or entering into a repayment plan with the lender. Additionally, only licensed agents may conduct a repossession in Florida, and they are only allowed to enter a residence between 6am and 9pm unless granted permission from the homeowner or lessee.
The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
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