answersLogoWhite

0

What is a repossession affidavit?

Updated: 9/11/2023
User Avatar

Wiki User

17y ago

Best Answer

It's the sworn statement that the lender files with the state DMV when a vehicle is repossessed. It includes data such as, how the vehicle was repoe'd (voluntarily or replevin order) the default date of loan, the date of repossession, the amount owed, the value of the vehicle, all indentifying information,(date and time, location) and so forth.

User Avatar

Wiki User

17y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a repossession affidavit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What is the difference between an acknowledgement and an affidavit?

An Affidavit requires an oath or affirmation that the statements of a document are true to the person who is signing.


What does instrument equals PTA in reference to sales information of a real estate transaction?

Property Transfer Affidavit


If fraudulent accounts were disputed and removed from your credit file should you sign an affidavit the credit card company sent you to investigate those accounts Can they go back on your credit file?

They could only reappear on your credit report if they are investigated and found to be yours. Sign the affidavit; so long as you've disputed and account and it's being investigated, it cannot be reported on your credit. The other benefit is that the investigation will likely prove the accoutns are not yours. * If the affidavit is not signed the credit issuer has no legal obligation to investigate the charges and the account holder will be responsible for the entire debt. A signed affidavit is an admission under oath and is subject to perjury charges if false information is given.


What is the proper procedure if you find a discrepancy on your credit card statement?

First you call the card issuer, explain your concerns at this point the will verify your account with you then transfer you to Fraud Dept.. This department will take down the information about your discrepancy, send you an affidavit to fill out sign and return. Once the affidavit is received your claim will be investigated determine your dispute credible or not.


Format of affidavit of No other source of income in the Philippines?

I think all those this questions you have written in this page is not necessary to the person who need it immediately. wasting of time.

Related questions

What is next to reply affidavit?

After the affidavit, the next step in legal proceedings is typically a rebuttal affidavit. This allows the opposing party to address and dispute the claims made in the initial affidavit.


How do you start an affidavit?

Do you mean an affidavit? It is a statement of something that you sign as to its truth.


What is an affidavit of Heirship?

An affidavit that states the heirs of a decedent. An Affidavit of Heirship is used instead of probate when a person dies without a will. http://www.heirship.com/2009/11/affidavit-of-heirship.html


Sample of affidavit of acquittance of friend?

sample of affidavit of acquittance


How do you use the word affidavit?

The lawyer produced a sworn affidavit in court today.


What is the antonyms of affidavit?

Some antonyms of the word affidavit is denial, veto, and negation.


What is the proper form for an affidavit?

An Affidavit is a sworn statement alleging that the facts contained within the body of the affidavit are true and correct upon penalty of perjury. The Affirmer then must raise his hand and swear to the truthfulness of the affidavit before a judge.


What is an affidavit of abandonment as it pertains to property?

You can read a discussion about an Affidavit of Abandonment at the link below.


Does a voluntary repossession affect credit the same way as a reposession?

Yes, there is no difference. A repossession is a repossession.


How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?

A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.


Can you remove a repossession off your credit report if your cosigner has a judgment on the repossession?

No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.


Does a motion have an affidavit?

No.