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What are new jersey laws for repo?

Updated: 4/29/2024
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13y ago

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Under Federal Law: A Repo Must Be Done In A Peaceful Manner. In NJ Repomen Must notify The local Law enforcement of their intentions But still abide by the laws of the state.

Notification of local police is a courtesy in The Garden State, not necessary.

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13y ago
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1w ago

In New Jersey, the lender or creditor needs to have a court order to repossess a vehicle. They must send a notice to the borrower before repossession. Additionally, the borrower has the right to redeem the vehicle by paying the outstanding loan amount before it is sold at auction.

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