“Those forbearance periods shall continue to be extended upon request of the consumer up to a cumulative total of 270 days.”
Sacramento, CA – 8 June, 2020 – Having just cleared the Assembly Appropriations Committee last Wednesday and with revisions published last Friday, AB 2501 is moving quick and is on schedule to go up for vote today before the full house of the State Assembly! Needing a simple 41 vote majority to pass, sources suspect that it will breeze through the 80 seat assembly with some bipartisan opposition, but not enough to be defeated.
Repossess – Repossession – Repossession Agency – Repossessor
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