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TITLE STATE: 1975 and subsequent years. SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Missouri Motor Vehicle, 301 W. High St., Jefferson City, Missouri 65105. Tel.:(573)751-4509. RECOVERY REQUIREMENT: After Twenty Day Right To Cure Letter from lien holder to debtor, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Affidavit of Repossession, Application for Missouri Title. PLATES: Remain with the debtor.
http://www.moga.state.mo.us/STATUTES/STATUTES.HTM
http://www.moga.state.mo.us/STATUTES/STATUTES.HTM#T27
Outdated law voids consumer protection Posted by admin on Wednesday, April 28 @ 03:36:51 PDT (6 reads) By Michael D. Sorkin Of the Post-Dispatch 04/27/2004
The reason he could is a gaping loophole in Missouri's 4-decade-old law requiring lenders to give notice before repossessing a motor vehicle when the borrower misses a payment. The loophole limits the law's protection only to motor vehicles that cost lessthan $7,500. Your new Ford Explorer, Honda Accord, Chevy Impala, or any other vehicle that cost at least $7,500, isn't considered a motor vehicle under this law.
What else can I help you with?
What are the requirements to become a repo man in Missouri?
== == http://www.mo.gov
Is it hard to start your own repo business?
Any business is hard work to open so a repo business would be hard to open as well.
How do you start a car repo business in new york?
do I need to be bonded in nystate for repo cars
How long must a financial institution hold a vehicle after repossession before it can be disposed of?
im Missouri it is 10 days after repo, the title can be filed for repo by institution.
What is needed to start a vehicle repo business in California?
Two years work experience under a licensed repo agency within the state of California is required before starting repo business. An exam is to be taken to be a "Qualified Manager" which is required to ?æbe stationed in all branches. A CA business license is required before operation.
In North Carolina can they sue or put a lien on your business for the remaining balance of a car repo?
YES, a lender can get a judgment for the balance owing on a loan after repo.
How do you become a repo man in upstate NY?
You must complete a course certified by the Department of Education for the State of New York. You must have a ground plan of the following: Insurance for your repo-company You should also look into how your going to obtain the property in which you want to collect: Q; do you have a tow truck for Cars, etc.? Plan ahead before your grand opening, make sure that everything is final and that your actually ready to proceed with your business in the Repo-Field.
How much money is needed to start a small repo business?
alot but not to to much
What is the yearly salary for a repo man?
Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.
Can your car be repossessed in Missouri if you are making payments but 45 days behind?
READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.
A business starting with R?
Radio station Repossession specialist (Repo man) Realtor (Realty or Real Estate business) RadioShack
Can a car company repo your auto after one missed payment and what is a right to cure letter -missouri?
If a bank has a lien on a unit and you are not paying they have the right to repo it. You need to talk to them and work out payments. A cure letter is them giving you 20 days to either pay the delinquent amount or they will take other actions such as a law suit or repo.
