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Vermont Repossession Laws

In the beautiful state of Vermont residents and most notably, our clients, have found the compiled a free resource below very helpful. It includes all relevant repossession rules and regulations you need to know about the state’s property recovery system. You will find it all below.

First off, in order for a repossession to take place in Vermont, those involved must know that the security interests are shown on title held by the lien-holder. Also, license plates remain with the debtor. And, repossession recovery is only allowed so long as there is no even remote disturbance in the peace. This is critical to keep in mind. Also for license registration, please contact the Vermont Department of Motor Vehicles at (802) 828-2000. And consider, the Title, Repossession Affidavit, Bill of Sale and title with lien released are required for liquidation to happen.

Midwest Lenders Services provides the state of Vermont with repossession services on everything from equipment to real estate or vehicles. We will also process your items from the initial inspection to its re-marketing if needed. Furthermore, storage, inspection and appraisal of resale price for your recovered property is all taken care of with Midwest Lenders Services.

Contact us today for a free consultation and quote. You can give us a call at (630) 358-9434. We look forward to working for you.

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

Vermont Repossession Laws

TITLE STATE: Yes.
SECURITY INTERESTS: Shown on title held by lien holder.
LICENSE REGISTRATION: Vermont Department of Motor Vehicles, 120 State Street, Montpelier, Vermont 05603. Tel: (802) 828-2000.
RECOVERY REQUIREMENT: As per UCC, Vermont repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Title, Repossession Affidavit, Bill of Sale and Title with Lien released.
PLATES: Remain with debtor.

Constitution and Legislation

Judicial Opinions

Regulations and Other Agency Material

Additional State Asset Recovery Legal Resources

 

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