LEGAL FOR BIKE SHOP TO REPOSSESS MY BIKE DUE TO UN-RENEWED INSURANCE?

Dear Editors,

I bought a bike from this #BikeProduction Shop 610 Serangoon Road. I have last installment yet to clear due 4th Jan 16 . My insurance due on last Friday 4th Dec. My bike was towed by bike shop last night on the 7th Dec without notice. Reason – insurance not renewed! What I know is installment not paid they have the right to repossess my bike

This is something me or anyone in this industry have heard of. There is no terms indicating on this contract also. Police called in also can’t help. I am planning to go small claims tribunal and CASE to pursue this matter. I have made the full payment today including the release fee of $470. Anyone with experience on this please advise… Thanks

Joe Lam
A.S.S. Contributor

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