Question
Aman had entered into a hire purchase agreement to buy a washing machine from Korts Mart. It was to be paid in 12 monthly instalments
Aman had entered into a hire purchase agreement to buy a washing machine from Korts Mart. It was to be paid in 12 monthly instalments beginning January 2011. In March 2011, Aman was badly injured in a car accident, and since then he has not paid the monthly instalments. In May 2011, Kort Mart sent a notice of repossession of the washing machine because payments had not been made since March 2011. Advise Aman on his rights, if any, under the Hire Purchase Act 1967. What are the procedures of repossession that Kort Mart has to comply with under the Act.
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