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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>62405</law_id><section_number>8.9A-625</section_number><catch_line>Remedies for secured party&amp;#8217;s failure to comply with title</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>8.9A-602</reference><reference>8.9A-628</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="8.9A">Commercial Code &#x2014; Secured Transactions</unit><unit label="part" level="2" order_by="1" identifier="6">Default</unit><unit label="subpart" level="3" order_by="1" identifier="2">Noncompliance With Title</unit></structure><text>
						<section id="a"><p><span class="prefix-number">a.</span> Judicial <span class="dictionary">orders</span> concerning noncompliance. If it is established that a secured <span class="dictionary">party</span> is not proceeding in accordance with this title, a <span class="dictionary">court</span> may <span class="dictionary">order</span> or restrain collection, enforcement, or <span class="dictionary">disposition</span> of <span class="dictionary">collateral</span> on appropriate terms and conditions. <a id="paragraph-227565" class="section-permalink" href="https://vacode.org/8.9A-625/#a"><i class="fa fa-link"/></a></p></section>
						<section id="b"><p><span class="prefix-number">b.</span> <span class="dictionary">Damages</span> for noncompliance. Subject to subsections (c), (d), and (f), a person is liable for <span class="dictionary">damages</span> in the amount of any loss caused by a failure to comply with this title. Loss caused by a failure to comply may include loss resulting from the debtor&#x2019;s inability to obtain, or increased costs of, alternative financing. <a id="paragraph-227566" class="section-permalink" href="https://vacode.org/8.9A-625/#b"><i class="fa fa-link"/></a></p></section>
						<section id="c"><p><span class="prefix-number">c.</span> Persons entitled to recover <span class="dictionary">damages</span>; statutory <span class="dictionary">damages</span> in consumer-goods transaction. Except as otherwise provided in &#xA7;&#xA0;<a class="law" title="Nonliability and limitation on liability of secured party; liability of secondary obligor" href="/8.9A-628/">8.9A-628</a>: <a id="paragraph-227567" class="section-permalink" href="https://vacode.org/8.9A-625/#c"><i class="fa fa-link"/></a></p></section>
						<section id="c1" class="indent-1"><p><span class="prefix-number">1.</span> a person that, at the time of the failure, was a debtor, was an obligor, or held a security interest in or other <span class="dictionary">lien</span> on the <span class="dictionary">collateral</span> may recover <span class="dictionary">damages</span> under subsection (b) for its loss; and <a id="paragraph-227568" class="section-permalink" href="https://vacode.org/8.9A-625/#c1"><i class="fa fa-link"/></a></p></section>
						<section id="c2" class="indent-1"><p><span class="prefix-number">2.</span> if the <span class="dictionary">collateral</span> is consumer goods, a person that was a debtor or a secondary obligor at the time a secured <span class="dictionary">party</span> failed to comply with this part may recover for that failure in any event an amount not less than the credit service charge plus ten percent of the principal amount of the obligation or the time-price differential plus ten percent of the cash price. <a id="paragraph-227569" class="section-permalink" href="https://vacode.org/8.9A-625/#c2"><i class="fa fa-link"/></a></p></section>
						<section id="d"><p><span class="prefix-number">d.</span> Recovery when deficiency eliminated or reduced. A debtor whose deficiency is eliminated under &#xA7; <a class="law" title="Action in which deficiency or surplus is in issue" href="/8.9A-626/">8.9A-626</a> may recover <span class="dictionary">damages</span> for the loss of any surplus. However, a debtor or secondary obligor whose deficiency is eliminated or reduced under &#xA7; <a class="law" title="Action in which deficiency or surplus is in issue" href="/8.9A-626/">8.9A-626</a> may not otherwise recover under subsection (b) for noncompliance with the provisions of this part relating to collection, enforcement, <span class="dictionary">disposition</span>, or acceptance. <a id="paragraph-227570" class="section-permalink" href="https://vacode.org/8.9A-625/#d"><i class="fa fa-link"/></a></p></section>
						<section id="e"><p><span class="prefix-number">e.</span> Limitation of security interest; noncompliance with &#xA7; <a class="law" title="Request for accounting; request regarding list of collateral or statement of account" href="/8.9A-210/">8.9A-210</a>. If a secured <span class="dictionary">party</span> fails to comply with a request regarding a list of <span class="dictionary">collateral</span> or a statement of account under &#xA7; <a class="law" title="Request for accounting; request regarding list of collateral or statement of account" href="/8.9A-210/">8.9A-210</a>, the secured <span class="dictionary">party</span> may claim a security interest only as shown in the list or statement included in the request as against a person that is reasonably misled by the failure. <a id="paragraph-227571" class="section-permalink" href="https://vacode.org/8.9A-625/#e"><i class="fa fa-link"/></a></p></section></text><history>1964, c. 219, &#xA7; 8.9-507; 2000, c. 1007.</history><metadata></metadata></law>
