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What are the legal repossession steps to take?

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2004-02-24 21:23:05
2004-02-24 21:23:05

Oregon TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Oregon Motor Vehicle Division, 1905 Lana Ave. N.E., Salem, Oregon 97314. Tel.:(503)945-5310. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Out of State Titles or Repossession certificates are required. Oregon titles require a repossession certificate. To Transfer title to a repossessed vehicle, the documents needed are: (1) The Original Title Endorsed by the lien holder; (2) Notarized Affidavit of Repossession; (3) A copy of the final demand letter with its certified mail receipt attached. PLATES: Remain with the vehicle. (Custom plates remain with the debtor.) James,NO BREACH OF PEACE. NONE. NADA. Do you have a key? Do you know where it is? 2+2= GONE where 2+number of people(1 to drop you off at the car and you to be gone) and 2= AM in the morning(whilst the guilty sleep) and GONE= before they know you WERE there.

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It's called repossession. The lender owns the property, the homeowner is making payments.

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Repossession laws vary from state to state. States also have different provisions for different types of property. You would need to be more specific about the circumstances, the property and the state where the repossession would take place. Your question should be reformed to ask, "Is a repossession under the following circumstances legal"? Asking what is considered an illegal repossession is much too broad a question.


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