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Washington Notice of Public Sale of Collateral (Consumer Goods) on Default

State:
Multi-State
Control #:
US-0591BG
Format:
Word; 
Rich Text
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Description

This form is a notice of public sale of collateral on default.

Washington Notice of Public Sale of Collateral (Consumer Goods) on Default is a legal document that outlines the details of a public sale of collateral in the state of Washington due to default by a borrower or debtor. It serves as a notice to all interested parties informing them of the impending sale of the collateral. The Washington Notice of Public Sale of Collateral (Consumer Goods) on Default is used in various situations, depending on the type of consumer goods involved. Here are some examples of different types of notices that may be issued: 1. Vehicle(s) Notice of Public Sale of Collateral on Default: This notice is specifically used in cases where a borrower has defaulted on a loan secured by a vehicle such as a car, motorcycle, boat, or RV. The notice will contain detailed information about the vehicle, including its make, model, and Vehicle Identification Number (VIN). It will also specify the time, date, and location of the public sale. 2. Electronics Notice of Public Sale of Collateral on Default: This type of notice is relevant when the collateral involved consists of consumer electronics like televisions, computers, smartphones, or gaming consoles. The notice will describe the electronic devices in detail, including brand names, model numbers, and any distinguishing features. It will also provide specifics about the date, time, and location of the public sale. 3. Furniture and Household Appliances Notice of Public Sale of Collateral on Default: This notice is utilized when the collateral involved includes furniture items such as sofas, tables, or beds, as well as household appliances like refrigerators, washing machines, or dishwashers. The notice will provide information about the type of furniture or appliance, including brand names and condition where applicable. It will also include the date, time, and location of the public sale. 4. Jewelry and Valuables Notice of Public Sale of Collateral on Default: In cases where the collateral involves valuable items like jewelry, watches, or other collectibles, this type of notice is relevant. The notice will include detailed descriptions of the jewelry or valuables, including any certificates of authenticity or appraisals. Additionally, it will specify the date, time, and location of the public sale. It is important to note that the content and structure of a Washington Notice of Public Sale of Collateral (Consumer Goods) on Default may vary depending on the specific circumstances and the requirements set forth by Washington state laws. It is advisable to consult with a legal professional or refer to the relevant statutes to ensure compliance with all necessary rules and regulations.

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By LL Bull Jr · 1979 ? the public notice requirements imposed upon nonpossessory security devices from beingof the sale of higher value consumer goods, in which sales on. By NG Formanek · 1982 · Cited by 5 ? provides that a secured party must give personal notice to the default-compliance, or, where the collateral is consumer goods, to an automatic.Acknowledgment Letter ? A letter is sent with each filed document stating howbailee and may sell the goods at public auction to execute on the lien. By WB Davenport · Cited by 34 ? after default, to modify or renounce his right to notification of a saleWhile other consumer goods are often taken as collateral primarily. If you don't reinstate the car loan or redeem the car, the lender is also required to send you written notice if it intends to sell the vehicle. This notice may ... If you default on this ?contract? or ?promissory note,? the bank can file suitIf the sale of the collateral is insufficient to repay the loan, the bank ... Lender is required to provide only twenty-one (21) days notice to the borrower before conducting a "public" sale on the courthouse steps on the first ...20 pages lender is required to provide only twenty-one (21) days notice to the borrower before conducting a "public" sale on the courthouse steps on the first ... At the same time, they enable consumers to buy tangible items on credit thatto repossess collateral after the debtor's default only by consent of the ... More and more, counsel to secured lenders must be prepared to address the prospect of a foreign component in otherwise ordinary loan transactions.95 pages More and more, counsel to secured lenders must be prepared to address the prospect of a foreign component in otherwise ordinary loan transactions. Upon default, a secured party can either take possession of theIf the collateral is other than consumer goods, a notice must be sent to ...

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Washington Notice of Public Sale of Collateral (Consumer Goods) on Default