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1. Leroy Headspeth bought a Mercedes under an installment sales contract that expressly permitted the creditor (Mercedes Credit Corporation) to repossess the car if the

  1. 1. Leroy Headspeth bought a Mercedes under an installment sales contract that expressly permitted the creditor (Mercedes Credit Corporation) to repossess the car if the debtor defaulted on the payments. When Headspeth defaulted on the payments, Laurel Adjustment Bureau, Inc. (LAB), (Mercedes' agent) went onto the property and repossessed the car on Mercedes' behalf. Headspeth filed a lawsuit against Mercedes Credit and LAB, contending that LAB's employee trespassed onto his property to retake the car and therefore the repossession was wrongful. Headspeth admitted in his deposition that repossession had occurred without confrontation. Can a secured creditor legally retake possession of collateral by entering onto the debtor's land or did LAB's employee breach Headspeth's peace? Explain

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