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What should I do when I receive a Notice of Forfeiture from the Pawnbroker?


Updated by MLAW
A Notice of Forfeiture informs you of the impending event that your pledge will become the absolute property of the pawnbroker. You should pay attention to the deadline indicated on the Notice of Forfeiture and approach the pawnshop on or before that date to redeem your pledge. Once the deadline has passed, you would no longer have the right of redemption and the pledge becomes the pawnbroker's absolute property.

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