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.
Repossession Form Statement With Join In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-000265
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Word;
Rich Text
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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.
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.
Police can be defacto repo men under state law if certain conditions are met. The law states someone first must have missed payments for 90 days. Then a dealership must send a certified letter.
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.
What Can Repo Companies in Arizona Do? Repossession companies aren't required to have any special licensing in Arizona. Though the state doesn't provide oversight in this way, repo agents can't breach the peace when they take a motor vehicle.
If you can't make your car payments, there are some clear advantages to voluntary surrender compared with involuntary repossession: You can avoid some of the penalties and fees imposed during an involuntary surrender, like towing and storage fees.
Repossession is authorized in Alaska by statute: Unless otherwise agreed, a secured party has on default the right to take possession of the collateral. In taking possession, a secured party may proceed without judicial process if this can be done without breach of the peace.
More info
The Lien Holder or Repossession Agent agrees to hold the Phoenix Police Department harmless from any civil actions resulting from the release of the vehicle. The Arizona Repossession Affidavit form, officially known as form 48-0902, is a crucial document used in the repossession process.File non-emergency police reports. Using this system allows you to submit a report immediately. This page will provide an overview of Arizona's Repossession Laws and what you should know if you've fallen behind on car payments. Queries are used to retrieve and manipulate data from a repository (see Ecto. Filing for bankruptcy comes with a lot of paperwork.