Mississippi Repossession Laws / Recovery Requirements

Quick Answers:

 

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.

 


 

QuickRepo.com does not warrant the accuracy of these laws. The laws listed on QuickRepo.com 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 service there. All recovery requirements and fees are current as of 2002.

View repo laws at RepoLaws.info and repossession laws at RepossessionLaws.info

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