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Mississippi Repossession Laws - Repo Laws

 

 

Because the Repossession Laws - Repo Laws may change from time to time, please check the Mississippi Courts website for updated and complete Repossession Laws - Repo Laws in Mississippi.

 


 

Repossession Laws - Repo Laws in Mississippi:

 

Where do I refer to for Title or License Registration?

For state Title and License Information, refer to:

 

Mississippi Vehicle Tax Division

P.O. Box 1383

Jackson, Mississippi 39215

 

Telephone: (601) 359-1125

 

Fee for search of records is $4.00 per application.

Security Interests:

Shown on title held by lienholder.

 

Recording Requirements:

With Motor Vehicle Comptroller.

Recovery Requirements:

As per the UCC, repossession is allowed and permitted as long as it is peaceful.

Redemption Requirements:

Ten (10) redemption.

Deficiency Requirements:

If contract so provides, Retaking does not bar suit for price and vice-versa. Confession of judgment notes are invalid.

Special Motor Vehicle Provisions:

Liens are noted on Certificate of Title, and Title is delivered to lienholder.

Documents Required to Transfer Ownership of Motor Vehicle:

Certificate of Title, affidavit of repossession and certified copy of Bill of Sale.

 

Documents Required for Liquidation:

Title and Repossession Affidavit.

 

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.

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