If a person buys a consumer good on credit and then sells that item at a garage sale, can the store repossess the consumer goods from the person who bought it at the garage sale and what are the legal references?
1 Answer from Attorneys
When you sold the item impaired by a security interest you committed a crime and could be arrested. Get a good lawyer. It would be difficult but not impossible for a creditor to try and get the item from a third party, and it would be unlikely they would try. They'd just swear out a warrant on you.
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