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Connecticut Repossession Laws - Repo Laws
Because the Repossession Laws - Repo Laws may change from time to time, please check the Connecticut Courts website for updated and complete Repossession Laws - Repo Laws in Connecticut.
Repossession Laws - Repo Laws in Connecticut:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
Connecticut Department Motor Vehicle 60 State Street Wethersfield, Connecticut 06109
Telephone: (860) 566-4710 Toll Free 1-800-842-8222
Fees for search of
records is $7.50. Shown on title held by first lienholder.
Recording Requirements:
All lien instruments relating to
motor vehicles must be recorded
within twenty days with the Motor
Vehicle Department of the State of
Connecticut. Uniform Commercial Code
in effect, October, 1961.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful. Police Department must
be notified immediately after
taking. Ten day notice before taking
is permitted but not required. If
not given, fifteen day period for
redemption must be given.
Debtor can
redeem within fifteen days after
taking by payment of entire balance
due if there has been no
Notification of Intent to Take. If
there is, then there can be no
redemption.
60% of the purchase price warrants
public sale with no notice. Less
than 60% of purchase price paid,
then private sale is allowed.
None. Certificate of title, affidavit of repossession and a notarized Bill of Sale or Q-1 form.
Documents Required for Liquidation: Affidavit of Repossession, Certificate of Title, Q-1 form to transfer.
Plates: Remain with the owner / debtor, and must be returned to the State of Connecticut if not transferred to another vehicle by the owner.
All recovery requirements and fees are current as of 2002.
RepossessionLaws.info does not warrant the accuracy of these Repossession Laws - Repo Laws or recovery requirements. The Repossession Laws - Repo Laws or recovery requirements listed on RepossessionLaws.info 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. |