Section 624 - Reinstatement of contract after repossessionA. Whenever a motor vehicle, sold under an installment sale contract, has been replevined by legal process, or repossessed otherwise than by legal process, because of default or other breach of contract, the holder may reinstate the contract and return the motor vehicle to the buyer provided the buyer pays all past due installments, or agrees with holder on mutually satisfactory arrangements, accrued default charges, costs of suit under the contract and authorized by this act in replevin by legal process, and if default at the time of repossession exceeded fifteen (15) days, expenses of retaking, repairing and storage authorized by this act.B. When a contract is reinstated after repossession, the holder may, contemporaneous therewith or subsequently thereto, enter into a contract with the buyer for refinancing the obligation as provided in this act.1947, June 28, P.L. 1110, § 24.