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Virginia Repo Laws - Repossession Laws
Because the Repo Laws - Repossession Laws may change from time to time, please check the Virginia Courts website for updated and complete Repo Laws - Repossession Laws in Virginia.
Repo Laws - Repossession Laws in Virginia:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
Virginia Department of Motor Vehicles P.O. Box 27412 Richmond, Virginia 23269
Telephone: (804) 367-0538
Fee for search of records is $5.00. Shown on title held by lienholder.
Recording Requirements:
Per the Uniform Commercial Code
adopted January, 1967: Recorded in
office of Clerk of the Circuit Court
of the county where property is
located, if it is located in a city,
then with the Clerk of the
Corporation Court.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
The State allows the debtor ten (10)
days to redeem.
Judgment notes are valid. Taking
does not bar suit for price and
vice-versa.
Liens must appear on the certificate
itself and no other recording is
necessary. Title in lienholder's name.
Documents Required for Liquidation: If Virginia title, must be in the name of the lienholder. Will accept repossession affidavit from other states.
Plates: Remain with the owner / debtor, 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. |