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Simply put, an affidavit is a sworn statement of fact that can be used in a variety of legal proceedings, from bankruptcy cases to family and civil litigation matters such as divorce proceedings. Its one of the most common legal documents used as evidence when live sworn testimony isnt possible.
Dear [Borrower Name]: You are hereby notified that your [description of motor vehicle, year, make, model and VIN #], was lawfully repossessed on [Date] because you defaulted on your loan with [Credit Union Name]. The vehicle is being held at [location address of vehicle]. be sold at public sale.
The primary purpose of a repo affidavit is to protect the interests of both lenders and borrowers. Affirms legal compliance, establishing that repossession was executed in ance with state laws.
Write your affidavit using the first person. In other words, use I statements (e.g., I am the President of XYZ, Inc.). The sections of your affidavit should continue the numbering that began with the first two introductory sentences. Your early paragraphs should provide background information about you.
If a repossession company cannot locate your car to repossess it, several outcomes may occur: Extended Search: The repossession agent may continue searching for the vehicle. They often have access to databases and tools that help them track down vehicles.
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A repossession affidavit is a legal statement filed with the Department of Motor Vehicles when you repossess a car from a customer. This document provides details about the repossession such as why and how the vehicle was repossessed. It also informs government authorities that the vehicle has been repossessed.

florida repossession affidavit