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How do you start a repossession business in Delaware?

In: Repossession [Edit categories]

Answer:

TITLE STATE: Yes. SECURITY INTERESTS: Shown on title, held by first lien holder. LICENSE REGISTRATION: Delaware Division of Motor Vehicles, Administration Office. Post Office Box 698, Dover, Delaware 19903. Tel: (302)739-2500. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Title. Repossession Affidavit(MV-195), copy of contract. PLATES: Remain with the vehicle

http://www.delcode.state.de.us/title10/c095/sc04/index.htm

First answer by Sdresh. Last edit by Sdresh. Contributor trust: 2612 [recommend contributor ]. Question popularity: 212 [recommend question].

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