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Get Affidavit Of Repossession
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How to fill out the Affidavit of Repossession online
Completing the Affidavit of Repossession online can feel overwhelming, but with the right guidance, you can navigate each section with ease. This step-by-step guide will help you accurately fill out the form required for vehicle repossession, ensuring you meet all necessary requirements and facilitating a smooth process.
Follow the steps to complete the Affidavit of Repossession with confidence.
- To start, click the ‘Get Form’ button to acquire the Affidavit of Repossession. This will open the form for you to fill out online.
- In the first section, enter the name of the lienholder. This is the entity or person who holds the lien on the vehicle. Make sure to provide accurate information.
- Next, fill in the lienholder's address, making sure to include the street, city, and zip code.
- Proceed to the debtor section. Here, enter the name of the person or entity that holds the loan on the motor vehicle.
- Indicate the date the lien was established by entering the specific date in the provided space.
- Now, describe the motor vehicle by filling in the year, make, vehicle identification number (VIN), and certificate of title number. Ensure these details are precise to avoid future issues.
- Select one of the two options to indicate how the vehicle was repossessed: either through voluntary surrender by the debtor or through a seizure by the lienholder. Be sure to enter the corresponding date for the selected option.
- Next, the lienholder must print their name where indicated and provide an authorized signature. This confirms that all information is accurate and complete.
- Lastly, the document must be notarized. Ensure that the notary or attorney fills in their signature, including the date and location of the notarization.
- After completion, review the form for accuracy. You can save the changes, download it for printing, or share it as necessary.
Start filling out your Affidavit of Repossession online today to ensure a smooth repossession process.
The state of Kentucky allows a lender to sell the vehicle they repossessed from you at an auction, given you do not redeem it within their set deadline. Lenders may either decide to keep your car as compensation for your debt or resell it.
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