Tuesday, May 23, 2017

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Texas Repossession Laws

Any clients in Texas as well as residents of the state, below you will find a free resource created with you in mind, it has all relevant repo rules and regulations that you will need to know in order to move forward with the process.

More over, for a repossession to happen in Texas, anyone involved must know the security interests are shown on title with the lien holder. Plus, the license plates stay with the vehicle. Also, repossession is only allowed with full regard to the peace. For license registration details, you can and should the Texas State Department of Transportation, Division of Motor Vehicles at (512) 465-7611. One more thing: a repossession affidavit is required for liquidation in Texas.

In the state of Texas we offer full repossession services on everything from equipment to real estate and many vehicles in between. Also we gladly process your equipment from the initial repossession to its eventual re-marketing. Furthermore, we will gladly take care of storage, inspection and appraisal of resale price for your recovered property.

To see more information, call us today for a free consultation and quote. You can give us a call at (630) 358-9434. We look forward to talking further with you.

 

TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by lien holder.
LICENSE REGISTRATION: Texas State Department of Transportation, Division of Motor Vehicles, 4000 Jackson Ave., Austin, Texas 78738. Tel: (512) 465-7611.
RECOVERY REQUIREMENT: As per UCC, Texas repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Repossession affidavit (D12-264) if Texas title; out of state repossession affidavits accepted.
PLATES: Remain with the vehicle.

 

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