Massachusetts Repossession LawsMassachusetts Repossession Laws
Those potential clients living in Massachusetts residents may want to look at our free resource, which has all of the relevant repossession details pertaining to the property recovery system. For instance, you should know that a repossession can only occur in the Massachusetts, if the security interests appear on title of the lien-holder. Also, the license plates must remain with the borrower. And, repossession recovery is only allowed as long as there is no disturbance of the peace after a 21-day Right to Cure Letter is issued to the borrower. For license registration, you can contact the Massachusetts Registry of Motor Vehicles at (617) 351-4500. Lastly, power of attorney, lien release, and title are required. These are all essential pieces of info for you to know when considering repo.
More so, you should know, we take pride in giving our Massachusetts clients the top repossession services on pretty much any valuable pieces of property you could imagine. We will process your property all the way from the initial repossession to its remarketing and sale. More importantly, we will deal with the storage, inspection and appraisal of resale price for your equipment.
For more information, please contact us today for a free consultation and quote. You can also give us a call at (630) 358-9434.
As reported by the American Recovery Association, Inc. (ARA).
Massachusetts Repossession Laws
TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by lien holder.
LICENSE REGISTRATION: Massachusetts Registry of Motor Vehicles, 100 Nashua Street, Boston, Massachusetts 02114. Tel: (617) 351-4500.
RECOVERY REQUIREMENT: After Twenty-one Day Right to Cure Letter from lienholder to debtor, Massachusetts repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Power of Attorney, lien release and title.
PLATES: Remain with the debtor.
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