If repossessed collateral is sold or otherwise disposed of by the creditor,then the time,place,manner,and method of disposal must be

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The Uniform Commercial Code requires that the disposition of repossessed collateral must be done in a commercially reasonable manner. This means that the time, place, manner, and method of disposal must be reasonable and that the creditor must obtain the highest possible price for the collateral. A court order is not required unless there is a dispute over the disposition of the collateral. The debtor does not need to be notified or attend the disposal process, although they should be notified of the sale and given the opportunity to make up any outstanding debt. Perfection refers to the process of creating a legally binding security interest, which is not relevant to this question.

If Repossessed Collateral Is Sold or Otherwise Disposed of by the Creditor,then