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AFFIDAVIT OF REPOSSESSION DEPARTMENT OF MOTOR VEHICLES 120 State Street Montpelier, Vermont 05603-0001 DMV.Vermont.gov Agency of Transportation Date: I, of (Name of Lien holder) (Address of Lien holder)
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What is affidavit of repossession?
Affidavit of repossession is a legal document signed by a lender or creditor confirming that they have lawfully repossessed an asset from a borrower who has failed to make payments.
Who is required to file affidavit of repossession?
The lender or creditor who has repossessed an asset from a borrower is required to file an affidavit of repossession.
How to fill out affidavit of repossession?
To fill out an affidavit of repossession, the lender or creditor must provide details about the borrower, the asset repossessed, and the reason for repossession.
What is the purpose of affidavit of repossession?
The purpose of affidavit of repossession is to legally document the repossession of an asset and to provide evidence that it was done in accordance with the law.
What information must be reported on affidavit of repossession?
The affidavit of repossession must include details such as the borrower's name, description of the repossessed asset, date of repossession, and reason for repossession.
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