Posted By: Anonymous
SSCRA - Reposessing collateral - 02/14/03 02:35 PM
We made a loan to a person in the military who is on active duty now and when the loan was granted. The person has quit making payments and is difficult to reach. They are still in the united states at the base near our branch. can we repossess the car?
I know some have suggested that I contact the base commander and that is a good idea. But what about when they won't cooperate? Does SSCRA give us the right to collect?
I know some have suggested that I contact the base commander and that is a good idea. But what about when they won't cooperate? Does SSCRA give us the right to collect?