{"data":{"id":"us-va/va.-code-8.9a-623","jurisdiction":"us-va","citation":"Va. Code § 8.9A-623","heading":"Right to redeem collateral","body":"(a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.(b) Requirements for redemption. To redeem collateral, a person shall tender:(1) fulfillment of all obligations secured by the collateral; and(2) the reasonable expenses and attorney's fees described in § 8.9A-615 (a) (1).(c) When redemption may occur. A redemption may occur at any time before a secured party:(1) has collected collateral under § 8.9A-607;(2) has disposed of collateral or entered into a contract for its disposition under § 8.9A-610; or(3) has accepted collateral in full or partial satisfaction of the obligation it secures under § 8.9A-622.1964, c. 219, § 8.9-506; 2000, c. 1007.","path":["Title 8.9A. COMMERCIAL CODE — SECURED TRANSACTIONS","Part 6. DEFAULT","Subpart 1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST"],"source_url":"https://law.lis.virginia.gov/vacode/8.9A-623/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:29Z","sha256":"6a44adced0c037e6c5ca700ae94f616b3160ad369892e729d36be465917bf3ed","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.9a-622","next":"us-va/va.-code-8.9a-624"},"notice":"GroundRules: Original legal text. Not legal advice."}