34. If the consumer is in default to perform his obligation in accordance with the terms and conditions of the contract, the merchant may at his option:(a) exact immediate payment of the instalments due;
(b) exact, in the manner provided for in sections 68 and following, immediate payment of the balance of the debt if the contract contains a clause of forfeiture of the term; or
(c) retake possession of the goods sold, in the manner contemplated in sections 35 and following.