== == state.al.us Affirmed. The repossessor was acting as the lenders' agent; it was not seizing the vehicles for its own benefit, so the FDCPA is not relevant. ARB was acting as a constructive bailee for the personal property found in the vehicles. Under the common law, the bailee does not acquire a lien in the bailed good and so has no right to its possession. However, there is a right to compensation for reasonable expenses in taking care of the goods until reclaimed by the owner. If such compensation were not allowed, there would be no incentive to protect the goods. Nadalin v. Automobile Recovery Bureau, Inc., - F.3d - (1999 WL 130194, 7th Cir.) or 169 F. 3d 1084 (7th Cir., 1999)
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The state of Alabama is a self help repossession state, therefore a repossession agency is not required to notify you before they repossess your vehicle. Repossessors are under various state and federal laws and regulations and are prevented from breaching the peace among other things.
The re-possession Laws in any state are quite complex. Certainly far too complicated to explain here. You should go to the DMV and get more information from them.
In Alabama, the repossession of mobile homes is primarily governed by state laws related to secured transactions. If a borrower defaults on a loan secured by a mobile home, the lender may repossess the home after following proper legal procedures, which typically include providing notice to the borrower. The lender must also comply with Alabama's Uniform Commercial Code (UCC) provisions, which require the repossession to be conducted without breaching the peace. Additionally, if the mobile home is considered real property (i.e., permanently affixed to land), different foreclosure procedures may apply.
In Alabama, unemployment compensation benefits are generally protected from garnishment, including for mobile home repossession. However, there are exceptions, such as for child support or certain tax debts. It's always advisable to consult with a legal expert or financial advisor for specific circumstances and updates on state laws.
In Alabama, repossession codes are primarily governed by the Uniform Commercial Code (UCC), specifically Article 9, which outlines the rights of secured parties regarding the repossession of collateral. A secured party must provide proper notice to the debtor before repossessing collateral, and the repossession must be done without breaching the peace. Additionally, if a repossession occurs, the debtor has the right to redeem the collateral by paying the outstanding debt before it is sold. Specific local laws and regulations may also apply, so it's advisable to consult a legal expert for detailed guidance.
What are the steps in a repossesion of collateral (boat) in the state of Alabama?
what are the legalities of voluntary vehicle repossession
*More Info* I resided and registered the car in WV. I bought the car in PA. The finance company was out of Ohio. The lien went to a collection agency in CT, and I currently live in Alabama. Which state's laws would apply to my situation?
Just log on to WWW.statelaws.com and ask questions.
Vehicle repossession laws in Arkansas is the same there as it is in every other state. One must pay his loans or risk facing legal action from the one that one has borrowed from.
contact your repossession companies, car dealerships in your area