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Should the consumer receive some sort of notice if they are in default?

Yes. The consumer should receive a Notice of the Right to Cure. The notice must:

* be in writing;

* conspicuously state the name, address, and telephone number of the creditor to whom payment or performance is due;

* state the consumer's right to cure the default;

* state the amount of payment required;

* due date of the payment; and

* be mailed to the last known address of the consumer.

*Special Note*

- If the consumer has been in default three or more times on the same obligation; the consumer shall not have the right to cure.

After the consumer receives the Notice of the Right to Cure, may the creditor do anything adverse to the consumer?

Until ten (10) days after a proper Notice of the Right to Cure, the creditor may not:

* accelerate maturity;

* file suit against the consumer;

* or repossess the goods.





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