What are the repossession laws in North Carolina?

Answer

North Carolina

TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: North Carolina Division of Motor Vehicles, Vehicles Registration, 1100 New Bern Avenue, Raleigh, North Carolina, 27696. Tel.:(919)733-3025. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Title and Repossession Affidavit, Out of State Repossession titles and affidavits are accepted. PLATES: Remain with the debtor.

http://www.ncleg.net/gascripts/Statutes/StatutesTOC.pl

Answer

NC does not try to hide their laws as well as NY. Good Luck http://www.ncleg.net/gascripts/Statutes/StatutesTOC.pl

Answer

there should be some info on your paper work when you acquire or finance something. there is different contract agreements. now there are laws concerning the times and procedures of repo. in Mississippi you don't have to inform a person of repo on a vehicle but you can't go past 10 pm at night. in louisiana you have to let the person know what you are doing and if they try to stop you, you call the law for back up. if you call a bank and tell them you want a job with some repo company, they can direct and once you do that you can ask different questions.

Pay your bill or it gets repossessed.

First answer by Darthstacy. Last edit by Darthstacy. Contributor trust: 9 [recommend contributor]. Question popularity: 150 [recommend question]