Auto Loans and Financing
Repossession

In the Arizona is there a statute that requires a repossession company to give written property notification?

323334

Top Answer
User Avatar
Wiki User
2011-09-12 23:40:18
2011-09-12 23:40:18

D0 you mean for personal property in a vehicle at time of repossession?? If so, NO. CA & FL require it, but that's all that I know of. Most people know what is in their car/truck, who repoed it(the lender) and how to contact the lender for redemption,ect.

http://www.azleg.state.AZ.us/FormatDocument.asp?inDoc=/ars/47/09611.htm&Title=47&DocType=ARS

SECURITY INTERESTS: Shown on title, title mailed to debtor, lien-holder record mailed to lien-holder. LICENSE REGISTRATION: The Arizona Department of Transportation, Motor Vehicle Division, 1801 W. Jefferson, Phoenix, Arizona 85007. Tel: (602) 255-7011. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Arizona Lien-holder record or out-of-state title, AZ MVD "Affidavit of Repossession/Bill of Sale" form and vehicle inspection if vehicle not previously registered in Arizona. PLATES: As of 01/01/02 - plates now belong to the registered owner of the vehicle. They remain with the debtor.PHOENIXOFFICE OF THE ATTORNEY GENERALConsumer Information and Complaints 1275 W. Washington Phoenix, Arizona 85007-2926 Telephone: (602) 542-5763outside of the Phoenix Metro Area (800) 352-8431

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

Repossession companies must give you the opportunity to recover your personal belongings. That being said, they need not do so at the time of repossession. If they store your property for any length of time, the may charge a storage fee. They are not required to hold your property indefinitely either. If you make no attempt to recover you belongings, the repossession company will dispose of it after 30-45 days.

User Avatar

Property taxes in Phoenix, Arizona are lower than most other areas in the country. The property taxes in Phoenix, Arizona are 10%. Arizona has some of the lower property taxes in the country.

User Avatar

Yes, state law in Arizona requires drivers to have auto insurance. The minimum required insurance is $15000 per injured person and $10000 for property damage.

User Avatar

all you need is to find a company that is willing to take a chance with you

User Avatar

In the State of Arizona, the license plate belongs to the debtor. They cannot charge you for your plate but they can charge you for inventory and storage of your personal property (which, incidently, includes your plate).

User Avatar

It is 162 miles and requires about 2.5 hours.

User Avatar

Please elaborate on your question, are you asking from the standpoint of the lender or the borrower? Both, but I am the borrower.

User Avatar

It isn't relevant as both states allow repossession of a vehicle under UCC laws (without a breach of peace).

User Avatar

Arizona is landlocked. It is surrounded by Mexico, California, New Mexico, Nevada and Colorado - So NO, George Strait does not own Ocean Front Property in Arizona.

User Avatar

No. All SS benefits are exempt by federal law from creditor attachment.

User Avatar

I have no idea seeing as I live in Arizona but a look at the Better Business Bureau website should answer some of your questions.

User Avatar

I can tell you the repossession laws in Arizona, if you need a town or county in general i recommend trying the sheriff's office b/c they are the ones that usually deal with civil maters.ARIZONA: sELF HELP REPOSSESSION PERMITTED AS LONG AS THERE IS NO BREACH OF THE PEACE.redemption : within ten days after retaking, if the customer has paid 50% of purchase price or $500 , a public sale is required. If less than 50% or $500 a private sale is permitted.No license needed for repossession.License plates remain with the vehicle.I cover more topics about repossession at my website www.stoptheREPOman.com good Luck!

User Avatar

Arizona requires a license if it does not have pedals.

User Avatar

There is no licensing requirements to repossess cars in Arizona. The truck has to pass DPS inspection but that is it. So buy a truck and happy hunting.

User Avatar

To work executive protection/bodyguard in the State of Arizona requires that you possess a Security Guard license (unarmed or armed) issued by the Arizona Department of Public Safety.

User Avatar

Oral contracts can be enforced in Arizona. But the contract cannot violate the statute of frauds which requires certain contracts to be in writing.

User Avatar

To work at Subway in Arizona you have to be 16 years old. A work permit is also needed. Arizona law requires a work permit for anyone under age 18.

User Avatar

It is community property if you live in a community property state. COMMUNITY PROPERTY STATES โ€ข Arizona โ€ข California โ€ข Idaho โ€ข Louisiana โ€ข Nevada โ€ข New Mexico โ€ข Texas โ€ข Washington โ€ข Wisconsin

User Avatar

The police cannot enter onto private business property without the owner's permission in Arizona. They must obtain a warrant to do so, if they do not receive permission.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.