Virginia law requires lenders to give a minimum 15day notice to borrowers whose vehicles will be sold. Use this repossession guide to protect your property.Have you borrowed money to buy property (like a car)? Once you're in default, the lender might be able to repossess your car at any time, without notice, and come onto your property to take it. Borrowers should carefully review this notice and take prompt action to address the issues raised to prevent repossession. File Unlawful Detainer Action. Under Virginia law, lenders don't even have to notify you that you have defaulted on your loan. What type of notice does a landlord have to give in a non-payment of rent case? Virginia, no prior notice to the debtor is required before repossession of the car takes place. To fill out this form, you'll need to provide detailed information about the repossessed vehicle and follow specific steps to notify the appropriate parties.
