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Ohio Repossession Laws

For those Ohio residents looking for a repo guide, here is some important info with all of the relevant repossession regulations pertaining to property recovery.

For a repo to occur in Ohio, please know that the security interests should be shown on title held by the lien-holder. Also, the license plates have to remain with the debtor. And, repossession recovery can only happen as long as there is no disturbance in peace. For license registration details, you can call the Ohio Bureau of Motor Vehicles at (614) 752-7634. Also, the property title in the name of the lien holder is required for liquidation to take place.

At Midwest Lenders Services, in the state of Ohio, we repo everything from medical equipment to real estate and vehicles. We will gladly process your equipment items from the initial repo to its eventual re-sale. Also, we will gladly take care of storage, inspection and appraisal of resale price for your recovered equipment items.

Please contact us today for a consultation and quote. You can also give us a call at 630-358-9434.

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

Ohio Repossession Laws

TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lienholder.
LICENSE REGISTRATION: Ohio Bureau of Motor Vehicles, Post Office Box 16520, Columbus, Ohio 43266-0020. Tel: (614) 752-7634.
RECOVERY REQUIREMENT: As per UCC, Ohio repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Must have title in the name of the lienholder.
PLATES: Remain with the debtor.

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