Midwest Lenders Services is a repossession service with a reach in all fifty states. Over our collective 31 years of experience in the industry, we have served much of the state of Arizona.
For Arizona residents we have compiled a free resource, including all of the relevant repossession rules and regulations pertaining to the state’s property recovery system.
More precisely, in order for a repo to happen in the state of Arizona, it is crucial to know the security interests need to be shown on the title mailed to the debtor, the original and record mailed to the lien holder. Additionally, the plates are to remain with the borrower. Also, repossession recovery is only allowed as long as there is not a disturbance of the peace. For license registration, you can contact the Arizona Department of Transportation at (602) 255-7011. Finally, there must be an affidavit of repossession, vehicle inspection and bill of sale are all required for liquidation to occur.
At MLS, we take great pride in providing Arizona with repossession services on everything from medical equipment to real estate and vehicles. We will 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 equipment.
For more information, contact us today for a free consultation and quote. You can also give us a call at (630) 358-9434.
Midwest Lenders Services is a repossession service with a reach in all fifty states. Over our collective 31 years of experience in the industry, we have served much of the state of Arizona.
As reported by the American Recovery Association, Inc. (ARA).
Arizona
TITLE STATE: Yes
SECURITY INTERESTS: Shown on title, title mailed to debtor, lien-holder record mailed to lien-holder.
LICENSE REGISTRATION: The Arizona Department of Transportation, Motor Vehicle Division, 1801 W. Jefferson, Phoenix, Arizona 85007. Tel: (602) 255-7011.
RECOVERY REQUIREMENT: As per UCC, Arizona repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Arizona Lien-holder record or out-of-state title, AZ MVD “Affidavit of Repossession/Bill of Sale” form and vehicle inspection if vehicle not previously registered in Arizona.
PLATES: As of 01/01/02 – plates now belong to the registered owner of the vehicle. They remain with the debtor.