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State court of last resort · ST-VA-SC
Cappo Management V, Inc. v. Britt
No. 100797Supreme Court of Virginia
100797 Cappo Management V, Inc. v. Britt 06/09/2011 Article Nine of the UCC as adopted in Virginia, Code §§ 8.9A-101 et seq., governs secured transactions, including a consumer's purchase of a car from a deale…
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100797 Cappo Management V, Inc. v. Britt 06/09/2011 Article Nine of the UCC as adopted in Virginia, Code §§ 8.9A-101 et seq., gov…
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- Supreme Court of Virginia
- First seen
- Oct 4, 2026
- Last entry
- Jun 9, 2011
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100797 Cappo Management V, Inc. v. Britt 06/09/2011 Article Nine of the UCC as adopted in Virginia, Code §§ 8.9A-101 et seq., governs secured transactions, including a consumer's purchase of a car from a dealership under a retail installment sales contract and related documents. When a consumer trades in an old car, makes a down payment towards the purchase of a new car, and assumes an obligation to pay monthly installments until the full purchase price of the new car is satisfied, the consumer becomes a "debtor" under Code § 8.9A-102(a)(28)(A) and is entitled to the protections afforded under Article Nine. Thus, the circuit court did not err in its judgment that a dealership's repossession…
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