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Arkansas Repossession Laws

With people living in Arkansas in mind our company has compiled a repo resource with all of the needed repossession rules pertaining to the state’s repo recovery system below.

Specifically, for a repossession to take place in Arkansas, you must know that security interests have to show on the title held by the original lienholder. Also, the license plates need to remain with the borrower. Then, repossession recovery is allowed as long as there is no disturbance of the peace while doing so. To take care of the license registration, you can call the Arkansas Office of Motor Vehicles at (501) 682-4692. And an affidavit of repossession, certified copy of the contract, title and secured party title application are all required for such to happen.

At our company, we have great pride in providing your state with repo services on many different items. Also, we will process your item(s) from the initial process to its eventual remarketing. And we will handle the storage and appraisal of resale price for your equipment.

To hear more about our services, call us today for a free consultation and quote at (630) 358-9434.
 

TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by first lienholder.
LICENSE REGISTRATION: Arkansas Office of Motor Vehicles, Post Office Box 1272-MV, Little Rock, Arkansas 72203. Tel: (501) 682-4692.
RECOVERY REQUIREMENT: As per UCC, Arkansas repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Cetified copy of contract, title, repossession affidavit and application for title by the secured party.
PLATES: Remain with the debtor.

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