With our Mississippi clients considered, below is a guide for all repo services that can be performed in the state and how they should be carried out.
More specifically, in order for a repossession to happen in Mississippi, know that security interests must appear on title held by the lien holder. Also, license plates have to remain with the property. Also, repossession recovery is only allowed so long as there is not a disturbance of the peace. For more license registration details, you can call the Mississippi Vehicle Tax Division at (601) 932-7200. Also, an affidavit of repossession and title are required for liquidation to happen.
In Mississippi we take pride in providing repossession services on everything from real estate and autos. We will surely repo your equipment from the initial phase to the eventual remarketing. Also, gladly see of storage, inspection and appraisal for your recovered property.
For more details on how we can help you, please contact us today for a consultation and no hassle quote. You can call our company at (630) 358-9434.
As reported by the American Recovery Association, Inc. (ARA).
Mississippi Repossession Laws
TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by lien holder.
LICENSE REGISTRATION: Mississippi Vehicle Tax Division, Post Office Box 1383, Jackson, Mississippi 39215. Tel: (601) 932-7200.
RECOVERY REQUIREMENT: As per UCC, Mississippi repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Title, Repossession Affidavit.
PLATES: Remain with the debtor.