This form is a Verfied Complaint for Replevin. The plaintiff has filed this action against defendant in order to replevy certain property in the defendant's possession.
Complaint Repossession Document With Lien In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-000265
Format:
Word;
Rich Text
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FAQ
In Texas, repossession laws are governed by the Uniform Commercial Code (UCC).
To file a release of lien on Texas property, follow these steps: Prepare the release document, ensuring it includes all necessary information. Sign the release document in front of a notary public. File the notarized release with the county clerk's office where the original lien was filed. Pay any required filing fees.
Repo men may seek police support during a repossession, but it's crucial to recognize that law enforcement's role is primarily to maintain the peace.
Repossession rights in Texas are governed by the Texas Business & Commerce Code §9.609. ing to this code section, a lender has the right to repossess a vehicle without filing a lawsuit if the repossession can be accomplished without a “breach of the peace.”
Illegal access by repo agents, such as entering closed garages or locked gates without permission, is a breach of peace and a violation of the property owner's rights.
Your loan contract may authorize the lender or repo agent to take your personal belongings with the car and dispose of them.
When your car is repossessed, your lender must sell the vehicle in a “commercially reasonable manner.” Once the car is sold, the lender must reduce your loan by the amount sold. If you still owe on your loan AFTER the sale, you have a “deficiency” and can be sued for the amount.
What Happens If the Repo Agent Doesn't Find Your Car? But if you make it hard for the repo agent to get it, then the creditor may use another method to get the car back, called "replevin." Replevin can be just as costly as a repossession, if not more so.
You are hereby notified that your description of motor vehicle, year, make, model and VIN #, was lawfully repossessed on Date because you defaulted on your loan with Credit Union Name. The vehicle is being held at location address of vehicle. be sold at public sale. A sale could include a lease or license.
Generally, cars are repossessed once payments are 90 days in default. Just don't expect lenders to give you a heads-up when the Repo Man will come calling. They typically contract that work out to towing services that specialize in snatching cars.