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Laws regarding mobile home repossession vary by state, but generally, the lender must follow state-specific procedures to repossess a mobile home if the borrower defaults on the loan. These procedures typically involve giving notice to the borrower, obtaining a court order, and conducting a lawful repossession. It is important for both lenders and borrowers to be aware of the specific laws governing mobile home repossession in their state.
You can claim EIC if you have the filing status 'married filed separately'.
On GOOGLE. Type in Reposession Laws in West Virginia. * http://www.lawdog.com/states/wv/repo.htm
The California laws on any re-possession are extensive and complicated. -Google that exact wording, or inquire at the State Attorney General Office.
In the state of West Virginia, there are certain laws that govern where a mobile home is allowed to be placed. These laws vary depending on the city.
in most US states, legal repossession can take place regardless of location.Ans 2 - Again, not necessarily true. It depends on where you live.In BC , Canada, this comes under the new "Mobile Home Park Tenancy Act" - other provinces of Canada and maybe even some US States may now have similar acts.
In Florida, manufactured home repossession is typically governed by the Uniform Commercial Code (UCC). The lender must follow the specific provisions outlined in the UCC for repossession, which may include providing notice to the borrower and following proper procedures for taking possession of the home. It is recommended to consult with a legal professional for guidance on the specific laws and procedures in Florida regarding manufactured home repossession.
Virginia does not have a specific peaceful repossession law. Repossession agents in Virginia must comply with state laws and regulations that govern repossession practices, which generally require that repossession be done without breaching the peace. However, the term "peaceful repossession" may not be explicitly defined in Virginia statutes.
If a borrower defaults on loan payments for a manufactured home in Michigan, the creditor can take the manufactured home. If the manufactured home is real property the repossession and foreclosure is on the manufactured home alone. If the home is being used for residential purposes, the home is repossessed according to personal property laws.
Ia laws on reposesing mobile homes
In the state of Nevada, if you do not make payments on a car you are buying, it can be repossessed with no notice given to you. Once repossessed, you will still be liable for all further payments even if the car is sold at auction to another buyer.
The re-possession Laws in any state are quite complex. Certainly far too complicated to explain here. You should go to the DMV and get more information from them.