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New Jersey Repossession Laws

For clients living in New Jersey we have put together a free property recovery resource with only the most recent repossession laws pertaining to the state’s property recovery requirements.

To consider the process more specifically, in New Jersey, it is vital to realize that security interests should be shown on title held by the lien-holder. And, the license plates need to stay with the debtor. Also, repossession recovery is only allowed so long as there is not a disturbance of the peace. For license registration, you can contact the New Jersey Motor Vehicle Services at (609) 292-4172. Lastly, Writ of Execution, notice of sale and title are required for liquidation to occur.

Midwest Lenders Services prides itself in providing New Jersey clients with repossessions that range from everything from medical items to real estate and autos. We will also be glad to process your property from its initial repo to the eventual remarketing. We will gladly handle the storage, inspection and appraisal of your recovered property.

For further details and for a free consultation and free quote, you can also give us a call at 630-358-9434.

As reported by the American Recovery Association, Inc. (ARA).

New Jersey Repossession Laws
TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by lienholder.
LICENSE REGISTRATION: New Jersey Motor Vehicle Services, 225 East St., 2nd Floor, Trenton, New Jersey 08666. Tel: (609) 292-4172.
RECOVERY REQUIREMENT: As per UCC, New Jersey repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Application (CO-56), Writ of Execution stamped “True Copy” signed by the Clerk of Court, copy of posted notice of sale and original title.
PLATES: Remain with the debtor.

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