Mary financed her 72" high-definition TV with a bank, but is now delinquent on her payments. The bank holds a security interest in the TV. In most states, when Mary is not at home and without her knowledge, bank personnel may enter Mary's home to repossess the TV.

Question

Quizplus · Accepted Answer

In most states, repossessing property without the owner's consent, especially entering a private residence without permission, is considered a breach of peace and is illegal. The bank would typically need to obtain a court order to repossess the item if it cannot be done with the owner's consent or without causing a disturbance.

Mary Financed Her 72" High-Definition TV with a Bank, but Is