Alabama
|
| 2010 |
|
| Title State |
Title and License Information refer to: Alabama Motor Vehicle Division, P.O. Box 327630, Montgomery, Alabama, 36132-7630. Tel.: (334) 242-9056. Fees for registration and title will vary. |
| Recording |
Uniform Certificate of Title effective 1975 model vehicles, not retroactive to older vehicle regardless of Title status from other states. |
| Recovery |
Peaceful repossession permitted. |
|
|
| Redemption |
Acceleration of balance, (Uniform Commercial Code supersedes all other provisions). |
| Deficiency |
Collectible after public/private sale. |
| Special Motor Vehicle Provisions |
Repeated acceptance of delinquent payments should be cured; repeated acceptance of delinquent payments interpreted as a waiver of contract. Debtor should be notified at least ten (10) days prior to sale of vehicle that same will be sold at public or private sale, (public sale not mandatory), and advised the specific amount owed (including recovery costs). |
| Documents Required to Transfer Ownership of Motor Vehicle |
Certificate of Title, Affidavit of Repossession, Bill of Sale showing gross sale proceeds and the odometer reading, (all liens on face of Title should be released by lienholder). Repossession Title in lienholders name not required. Plates remain with the vehicle.
|
|