Alabama Repo Laws - Repossession Laws
Repo Laws - Repossession Laws in Alabama:
Where do I refer to for Title or License Registration?
For state Title and License Information, refer to:
Alabama Motor Vehicle Division
P.O. Box 327630
Montgomery, Alabama 36132-7630
Telephone: (334) 242-9056.
registration and title will vary.
Shown on title held by lienholder.
The Uniform Certificate of Title is
effective from 1975 model vehicles
and beyond, but is not retroactive
to older vehicles, regardless of
Title status from other states.
As per the UCC, repossession is
allowed and permitted as long as it
Acceleration of balance. The
Uniform Commercial Code supersedes
all other provisions here.
Collectible after a public or
Repeated acceptance of delinquent
payments should be cured; repeated
acceptance of delinquent payments
interpreted as a waiver of contract.
Debtor should be notified at least
ten (10) days prior to sale of
vehicle that same will be sold at
public or private sale, (public sale
not mandatory), and advised the
specific amount owed (including
Certificate of Title, Affidavit of Repossession, Bill of Sale showing gross sale proceeds and the odometer reading, (all liens on face of Title should be released by lienholder). Repossession Title in lienholder's name not required.
Documents Required for Liquidation:
A MVT-15-1 (a repossession affidavit) and the original released title.
Remain with the debtor / owner, and are transferable.
All recovery requirements and fees are current as of 2002.
Repo-Laws.com does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on Repo-Laws.com are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there.