{"data":{"id":"us-pa/12-pa.c.s.-6260","jurisdiction":"us-pa","citation":"12 Pa.C.S. § 6260","heading":"Sale of motor vehicle after repossession.","body":"(a) Forfeiture.--If the repossessed motor vehicle subject to an installment sale contract is not redeemed by the buyer either by termination or reinstatement of the contract within the 15-day notice of redemption period, the buyer shall forfeit all claim to the motor vehicle and collateral security.\n(b) Deficiency.--If the buyer does not redeem the repossessed motor vehicle within the 15-day notice of redemption period, the installment seller or holder may not bring an action or proceeding against the buyer for a deficiency under section 6261 (relating to deficiency judgment) unless there has been a public or private sale of the repossessed motor vehicle and collateral security.\n(c) Motor vehicle title.--At the sale of a repossessed motor vehicle to a purchaser, the installment seller or holder shall provide to the purchaser the title to the vehicle and all necessary documents to effect the transfer of the motor vehicle.","path":["Title 12 - COMMERCE AND TRADE","PART V CONSUMER CREDIT","CHAPTER 62 MOTOR VEHICLE SALES FINANCE","SUBCHAPTER E REPOSSESSION"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=12\u0026div=0\u0026chpt=62\u0026sctn=60\u0026subsctn=0","current_through":"2026-08-31 (Statute Update stamp, 12 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:30:58Z","sha256":"8b453d5d2349a2154a7fea7758c8c9f37d709d4854fd0bc09259ca460f658334","source_id":"us-pa","stale":false,"prev":"us-pa/12-pa.c.s.-6259","next":"us-pa/12-pa.c.s.-6261"},"notice":"GroundRules: Original legal text. Not legal advice."}
