Chattel Form Paper With Axis In Georgia
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State:
Multi-State
Control #:
US-0007BG
Format:
Word;
Rich Text
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Description
A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.
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FAQ
4 Satisfaction of MV itle Lien or Security Interest Affidavit | Department of Revenue.
Chattel paper refers to a document used in secured transactions to sell property on credit while retaining some interest in the property.
Non-Transferable Assets: Assets that are legally restricted from being transferred, such as government benefits, social security payments, or certain insurance policies, cannot be used as collateral since they cannot be seized or sold.
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