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repossess manufactured home in oregon
Ia laws on reposesing mobile homes
When there is a conflict between federal and state laws, the Supremacy Clause of the U.S. Constitution dictates that federal law takes precedence over state law. However, it is best to consult with a legal expert to specifically determine how the federal law definition of mobile home may interact with a state law defining mobile home in a particular situation.
No, there is no state law in Minnesota that requires tenants to have renters insurance. However, landlords may include a requirement for renters insurance in the lease agreement. It is generally a good idea for tenants to have renters insurance to protect their personal belongings and liability.
on products, not vehicles
Under US law as I understand it, any repossession is detrimental to your credit record. Both a voluntary repossession or a standard repossession have the same effect on your credit rating. Both will appear as repossessions, and either will result in a negative mark on your credit history. Any repossession will appear on a credit report for 7.5 years from the date of first delinquency. You will likely see your credit score drop significantly, as having a repossession in your credit history marks you as a credit risk. The only advantage that I see in doing a 'voluntary' repossession is that it may cost you less in legal fees. In general, I would encourage you to work with the lender to find ways of keeping your home and coming to some kind of agreement on reduced monthly payments, or even weekly payments which will involve a lower interest rate. Good luck with it.
What is the law to evict someone from rental home
Minnesota Law Review was created in 1917.
check with your court house.
If a car is sold after repossession does the law states that it must be reported to the credit bureau as zero balance?
That would depend on which state or province the park is in.
A repossession can be executed anyplace or time that a person holding the repossession order sees the vehicle in question, as long as the repo man does not violate the law in doing so. That said, Florida law does not restrict repossession according to location.