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Idaho Repossession Laws - Repo Laws
Because the Repossession Laws - Repo Laws may change from time to time, please check the Idaho Courts website for updated and complete Repossession Laws - Repo Laws in Idaho.
Repossession Laws - Repo Laws in Idaho:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
Idaho Department of Motor Vehicles P.O. Box 34 Boise, Idaho 83731
Telephone: (208) 334-8663
Fee for search of records is $4.00. Shown on title held by lienholder.
Recording Requirements:
Per the
Uniform Commercial Code (UCC)
adopted in January, 1968: with the
County Recorder of Deeds or the
Secretary of State.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
No provisions.
In chattel mortgages, only after
foreclosure proceedings as provided
for by state law. On conditional
sales if contract so provides.
Confession of judgment clauses valid
only on money due or about to become
due.
Lien must appear on title. Certificate of Title in lienholder's name, affidavit of repossession with Bill of Sale completed by lienholder.
Documents Required for Liquidation: Title, without a signature on the back, and a Repossession Affidavit.
Plates: Remain with the owner. "The license plates are your property, they do not go with the vehicle. You may transfer the plates to another vehicle that you buy or already own" from http://itd.idaho.gov/dmv/driverservices/DLChapter10.pdf.
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. |