Auto >> AutoSPT >  >> Auto Repair

Can a creditor get warrant for vehicle repossession?

In the United States, a secured creditor may file a complaint with the court or a court-approved entity, such as the state repossession agency, requesting the issuance of a repossession warrant. Typically, the creditor must provide proof of ownership of the vehicle, such as a financing agreement, lease, or bill of sale, as well as an affidavit stating that the debtor is in default and has failed to cure the default within the specified period. The court or agency may then issue a warrant authorizing the creditor or its agent to repossess the vehicle. Note: Laws regarding repossession may vary by state and may be subject to federal regulations, always check with a local attorney to have the most up to date information.