South Dakota clients may likely to look at our a free resource, with all of the relevant repossession rules pertaining to the state’s repo allowances.
In the region of South Dakota, it is necessary to note the security interests involved have to be shown on title of the debtor. And, all plates must remain with the vehicle at all times. Also, repossession is only allowed without a disturbance in the peace. For more license registration data, you can call the South Dakota Motor Vehicles at (605) 773-3541. Do not forget, Repossession Affidavit and copy of the contract are all required for liquidation. This is vital.
In our Midwest Lenders Services headquarters, we carry great pride when providing the state of South Dakota with property recovery services on everything from medical to real estate items as well as vehicles. We also gladly process any other equipment from the repossession process to eventual remarketing. And, we will also handle the turn over for your recovered equipment.
To hear more about our service and so you can see what your repo options are, give us a call at (630) 358-9434. We look forward to talking with you.
As reported by the American Recovery Association, Inc. (ARA).
South Dakota Repo Laws
TITLE STATE: Yes
SECURITY INTERESTS: Shown on title held by debtor.
LICENSE REGISTRATION: South Dakota Motor Vehicles, 118 W. Capital Avenue, Pierre, South Dakota 57501-2080. Tel: (605) 773-3541.
RECOVERY REQUIREMENT: As per UCC, South Dakota repossession allowed without committing a breach of the peace.
DOCUMENTS REQUIRED FOR LIQUIDATION: Repossession title in name of lien holder. To obtain, need repossession affidavit and copy of contract.
PLATES: Remain with the vehicle.