What are my rights if a lender tries to repossess my car in BC?

Car Loan Terminology | bc, ppsa, repossession

BC has a two‑thirds rule under the PPSA limiting seizure after you’ve paid at least two‑thirds, absent a court order. Seek legal advice for your case.

Related Topics

bc ppsa repossession

Explore More Terms

Continue learning about car loan terminology:

View All Terms W Terms

Related Terms

You might also be interested in these related financial terms:

What is an auto loan APR in Canada?

APR is the annual percentage rate. In Canada, criminal interest is now 35% APR (effective January 1, 2025, Criminal Code...

What is an auto loan APR in Canada in Canada?

APR is the annual percentage rate. In Canada, criminal interest is now 35% APR (effective January 1, 2025, Criminal Code...

What is the Bank of Canada policy interest rate used for car loans?

Lenders price car loans off their funding costs and risk, not directly the policy rate, but BoC's key rate is 2.75% (as...

What is the Bank of Canada policy interest rate used for car loans in Canada?

Lenders price car loans off their funding costs and risk, not directly the policy rate, but BoC's key rate is 2.75% (as...

Top