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Kentucky Repossession Laws - Repo Laws
Because the Repossession Laws - Repo Laws may change from time to time, please check the Kentucky Courts website for updated and complete Repossession Laws - Repo Laws in Kentucky.
Repossession Laws - Repo Laws in Kentucky:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
Transportation Cabinet
Fee for search of records is $2.00.
More information, including the
request form, can be found
here. Shown on title. Title is mailed to and held by debtor. Lienholder holds title lien statement.
Recording Requirements:
Per the
Uniform Commercial Code (UCC)
adopted in July, 1960: Financing
statements are filed with the County
Clerk where debtor resides or in
county where the vehicle is
registered..
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Allowed any time prior to
disposition of the collateral by the
lienholder.
Permitted after sale and if contract
so provides. Kentucky has an
extremely comprehensive Commercial
Code which warrants careful
examination in dealing with all
matters here.
No provisions. Certified copy of Security agreement, Affidavit of Repossession.
Documents Required for Liquidation: Title and Affidavit of Repossession.
Plates: Remain with the vehicle.
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. |