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  • Alabama Repo Affidavit

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MVT: 15-1 9/99 ALABAMA DEPARTMENT OF REVENUE MOTOR VEHICLE DIVISION TITLE SECTION P. O. Box 327640 ? Montgomery, AL 36132-7640 ? (334) 242-9000 TYPE ONLY Repossessed Motor Vehicle Affidavit and Disposition.

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If the taxes on a vehicle are delinquent and it has been in the possession of an Alabama Automobile Dealer, then the Dealer should provide the purchaser with a Dealer Affidavit indicating the date they took the vehicle into their inventory.

A creditor cannot repossess a house or land. Instead, it must foreclose on a mortgage or sue you in court. A creditor cannot come into your house without your permission to take back your possessions, even if you are behind on the bill.

Any item used to secure a loan or a line of credit can be subject to repossession if the debt goes into default. This can include your home (which means foreclosure), your car or any other item that you purchased with credit, such as furniture, electronics, appliances, boats and motorcycles.

Creditors usually only have a right to charge you storage fees pertaining to the car itself. So, the repo agent hired by a creditor to take the car also can't charge you money or a "convenience fee" to let you get your things back before the vehicle is towed away.

An applicant for a repossession title must submit: (1) The actual or certified copy of the mortgage instrument; (2) A completed Repossession Affidavit (OTC Form 737); (3) A copy of the certified letter of notice to other lienholders, if applicable; and (4) A properly executed lien release.

If your vehicle is repossessed, you may be able to get it back, but simply filing for bankruptcy will not be enough to force the lender to return the car. In Alabama, as Alabama Legal Help points out, once the lender repossesses the car, you cannot regain possession of the car through a bankruptcy filing alone.

Repossession Certificates of Title are issued to lienholders upon default of payment. In the event the lienholder cannot obtain the signature of the mortgagor: If the title is in an electronic format, presentation of the title is not required.

Under Alabama law, a lender with a security interest may repossess property as soon as a single payment is past-due, unless the contract says otherwise.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232