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0 tracked cards Supplemental - Not MEE July 2026

A secured party repossesses collateral after default and wants to sell immediately without sending ordinary disposition notification.
Which kind of collateral is most likely to fall within a statutory notice exception?

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Notification is unnecessary whenever the secured party dislikes the debtor. Notification can be skipped only if the sale price will exceed the debt. Notification is generally not required for collateral that is perishable, threatens to decline speedily in value, or is of a type customarily sold on a recognized market. A secured party must send disposition notification even when collateral is perishable or threatens to decline speedily in value.

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