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Tips to write an effective repossession letter to your client:Choose the medium of sending the letter: It is always better to choose how you are going to send the letter, beforehand.Keep it professional: Always remember, this letter is not personal.Be kind: You never know what the other person may be going through.More items...
Creditors can't take any personal property that's in your car when they repossesses your vehicle. If a creditor does breach the peace, he may not be forced to return the car, but he may need to pay a penalty or repay you for any damage to your property.
Under current law, an Arkansas title may be issued for a repossessed vehicle by filing a direct lien at a $1.00, then executing an Affidavit of Repossession. Fees are the $10.00 title fee and the $1.00 fee to transfer the registration.
In Arkansas, a repo company can repossess your car in any public or private place as long as they don't breach the peace. Examples of what could be considered a breach of the peace include: Using force or violence.
Will I go to Jail If I Hide my Car From the Repo Man? If your lender has received a court order compelling you to turn over the vehicle, then yes, you could go to jail if you disobey the court (often called contempt of court).