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 Sample For Single In San Jose
Category:
State:
Multi-State
City:
San Jose
Control #:
US-000265
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
However, the lender has absolutely no obligation to do so. Even though you want to surrender the vehicle the lender won't pick it up.
Start the letter by identifying yourself and the property. The lender will need to identify your loan, so include an account number. Give them your name, address and contact information. Tell the lender that you are voluntarily giving the item back because you can no longer make the payments.
In California, a consumer's vehicle can be taken from them if they miss payments on their loan or if they violate any terms of their agreement. This process is known as repossession and the creditor has the right to repossess the consumer's vehicle if it holds a valid security interest in it.
Identify yourself and your vehicle. Be sure to include an account number so that your lender can match your letter to your records. Explain that you're unable to make payments and intend to surrender the car. Provide contact information so that your lender can reach you.
You would call the lender and make arrangements. They would tell you the place to go and you would make an appointment. It might be a nearby bank branch or it might be a dealership they have an arrangement with.
Dear Borrower Name: 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.
Dear Borrower Name: 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.
How to perform a voluntary repossession of your vehicle Proactively inform your lender that you are unable to maintain making timely, monthly payments. Work with the lender to arrange a time and place for dropping the vehicle off.
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.
More info
I certify that I, or the firm, company, or corporation I am authorized to represent, am the legal owner within the meaning of California Vehicle Code. In Person Pre-Licensing Dealer Class.This document is essential for legal owners of repossessed vehicles. It outlines the necessary steps for declaring repossession in California. Once completed, note the SST number and come into our office to finish the process. These forms shall be made available to the City or any designated agent of the City of. San José during normal business hours. When someone takes out an auto loan, they grant the lender a "security interest," otherwise known as a lien, on the vehicle. We can only process repo release receipts for vehicles repossessed in the Sheriff Department's jurisdiction. California towing law.