EVERETT v. U.S. LIFE CREDIT CORP.

No. 8414DC666.

327 S.E.2d 269 (1985)

Willie EVERETT, Jr. v. U.S. LIFE CREDIT CORPORATION.

Court of Appeals of North Carolina.

April 2, 1985.


Attorney(s) appearing for the Case

No brief filed for plaintiff-appellee.

J. Randolph Ward, Durham, for defendant-appellant.


MARTIN, Judge.

The sole question for our determination is whether a secured party, entitled to possession of collateral upon default by the debtor, may legally require the debtor, upon redemption of the collateral, to pay reasonable expenses incurred in retaking the collateral even though the secured party gave no notice of intention to repossess. We conclude that, because no such notice is required prior to repossession, the absence of notice does not preclude the...

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