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.
Affidavit Of Repossession With Property In North Carolina
Instant download
Description
Free preview
Form popularity
FAQ
A repossession affidavit is a legal statement filed with the Department of Motor Vehicles when you repossess a car from a customer. This document provides details about the repossession such as why and how the vehicle was repossessed. It also informs government authorities that the vehicle has been repossessed.
After your lender or creditor has repossessed your car in North Carolina, it can be sold at a public auction or in a private sale. The creditor must send you written notice about the public auction or private sale. This notice must include the date, time, and place of the auction.
For example, you typically cannot enter the debtor's home without permission unless you have a court document that allows you to do so. Also, you typically must provide the debtor with advance written notice of your intention to repossess the property.
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.
Can a repo man move another car to get yours? No, a repossession agent may not do that. But, if the repossession company can't access your car because it is hidden, blocked, or locked up, your lender goes to court to get a replevin. Replevin is a court order compelling the collection of the vehicle.
A repossession affidavit is a legal statement filed with the Department of Motor Vehicles when you repossess a car from a customer. This document provides details about the repossession such as why and how the vehicle was repossessed. It also informs government authorities that the vehicle has been repossessed.
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.
More info
Car Repossession information from the NC Department of Justice. Helpful suggestions for those behind on car payments or facing automobile repossession.This guide includes information about filling out forms for small claims court. Affidavit of Repossession. Next, detail the debtor's information along with the vehicle's specifics. VEHICLE SECTION. Year. Make. Real Property Contractors use this form to certify they have paid the sales and use tax due on all items used in a real property contract. The Affidavit of Authority to Assign Title (MVR-317) form is not available online and must be obtained from the. Clerk of Superior Court's office. Upon default, the lienholder often has the right to immediate repossession unless there is a "grace period" provided for in the language of the contract.