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Oregon

What are the repossession laws in Oregon?

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2006-07-06 00:53:09
2006-07-06 00:53:09

Recovery Requirements: Self help repossessions permitted as long as there is no breach of the peace. Deficiency balence: deficiencies and suit is permitted regardless of loan balance,deficiency amount, or time limit from date of repossession to date of sale, to date of suit. Redemption, Creditor may demand loan balance plus expenses. the state allows the debitor 10 days to redeem with the balance. License plates are to remain with the vehicle, custom plates stay with the owner. repossession agency's are required to be licensed.... Contact the Oregon State Attorney General's Office or you could probably also contact a repossession agency in Oregon, just don't tell them you are a debtor. http://landru.leg.state.or.us/ors/ RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace.

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