California Civil Code ARTICLE 12.1 - Repossession and Resale

• Section 1812.2.
  In the event of any default by the buyer in the performance of his obligations under a contract or installment account, the holder, pursuant to...
• Section 1812.3.
  The notice provided for in Section 1812.2 shall be given to the buyer and any other person liable by causing it to be delivered personally...
• Section 1812.4.
  The proceeds of a resale shall be applied (1) to the payment of the expenses thereof, (2) to the payment of any expenses of retaking, including reasonable...
• Section 1812.5.
  If the proceeds of the sale are not sufficient to cover items (1), (2) and (3) of Section 1812.4, the holder may not recover the...

Last modified: October 22, 2018