Alabama Repo Affidavit
Introduction:
This affidavit is submitted by [YOUR COMPANY NAME], the lienholder of the vehicle described below, to document the repossession of the said vehicle in accordance with the laws of the State of Alabama. This affidavit serves as a formal notification of repossession and provides details regarding the repossession process.
Vehicle Information:
Vehicle Identification Number (VIN): [VEHICLE IDENTIFICATION NUMBER]
Make and Model: [MAKE AND MODEL OF VEHICLE]
Year: [YEAR OF MANUFACTURE]
Color: [COLOR OF VEHICLE]
License Plate Number: [LICENSE PLATE NUMBER]
Reason for Repossession:
The vehicle described above was repossessed by [YOUR COMPANY NAME] due to the borrower's default on the loan agreement. The borrower failed to make the required payments as outlined in the loan agreement, leading to the repossession of the vehicle as permitted by the terms of the loan.
Condition of the Vehicle:
At the time of repossession, the vehicle was found to be in [VEHICLE CONDITION]. The repossession occurred without incident, and there was no damage to the vehicle during the process.
Notice to Borrower:
Prior to repossession, [YOUR COMPANY NAME] made reasonable efforts to notify the borrower of the impending repossession in accordance with the laws of the State of Alabama and the terms of the loan agreement.
Certification:
I, [YOUR NAME], certify under penalty of perjury under the laws of the State of Alabama that the foregoing is true and correct.
Signed and dated this [DAY] day of [MONTH], [YEAR].
[YOUR NAME]
[YOUR COMPANY NAME]
Date: [DATE]
[NAME OF NOTARY PUBLIC]
Notary Public
[NOTARY EXPIRATION DATE]
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