Quick Answers:
Delaware Division of Motor Vehicles
Wilmington: (302) 434 3200
Delaware City: (302) 326 5000
Dover: (302) 744 2500
Georgetown: (302) 853 1000
Are Repossessions Allowed?
Yes, as long as there is no breach of peace.
Security Interests:
Shown on title. Held by lienholder.
Recovery Agent Licensing:
None required at this time.
Redemption Requirements:
Required if you default on the balloon payment.
Deficiency Balance:
The debtor can be liable for any deficiency.
Title State:
Required for all vehicles that are moved or driven on highways. Boats are exempt.
Plates:
Remain with the vehicle.
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View repo laws at RepoLaws.info and repossession laws at RepossessionLaws.info