simple question
on a car finance agreement secured by way of a bill of sale, to terminate the agreement a valid default notice would need to be issued.
now as the credit agreement is secured by way of a bill of sale,
CAN THE CREDITOR DEMAND THE FULL OUTSTANDING BALANCE AND NOT JUST THE ARREARS AS STIPULATED UNDER 87(1)
on a car finance agreement secured by way of a bill of sale, to terminate the agreement a valid default notice would need to be issued.
now as the credit agreement is secured by way of a bill of sale,
CAN THE CREDITOR DEMAND THE FULL OUTSTANDING BALANCE AND NOT JUST THE ARREARS AS STIPULATED UNDER 87(1)