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Barry bought a new car, but then could not make the payments and defaulted on his car loan with Local Bank. Local Bank properly perfected
Barry bought a new car, but then could not make the payments and defaulted on his car loan with Local Bank. Local Bank properly perfected its loan on Barry's car as collateral. Can Local Bank use "self help" to repossess the car?
a.Yes, as long as Local Bank does not commit trespass to repossess the car.
b.Yes, as long as Local Bank doe not use force to take the car from Barry.
c.No, if Barry has filed for bankruptcy.
d.All of the above are correct.
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