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South Carolina Repossession Laws - Repo Laws
Because the Repossession Laws - Repo Laws may change from time to time, please check the South Carolina Courts website for updated and complete Repossession Laws - Repo Laws in South Carolina.
Repossession Laws - Repo Laws in South Carolina:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
South Carolina Division of Motor Vehicles P.O. Box 1498 Columbia, South Carolina 29216
Telephone: (803) 251-2950
Fees for search of records is $0.50. Shown on title held by lienholder.
Recording Requirements:
Per the Uniform Commercial Code
adopted January, 1968: Must be filed
within 10 days in the county where
buyer or mortgagor resides; if
non-resident, where property is
located at time of execution of
instrument. The place of recording
in the office of the Registrar of
Mesne Conveyances; where such office
does not exist, with the Clerk of
the Court.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful, after a Twenty Day
Right to Cure Letter from lienholder
to debtor.
Cure law in effect.
Permitted.
Liens must be recorded on face of
the title. (Exclusive method of
recording.) Title and lien release; repossession affidavit and notarized Power of Attorney.
Documents Required for Liquidation: Notarized bill of sale, title and repossession affidavit.
Plates: Remain with the owner / debtor.
All recovery requirements and fees are current as of 2002.
Repossession-Laws.com does not warrant the accuracy of these Repossession Laws - Repo Laws or recovery requirements. The Repossession Laws - Repo Laws or recovery requirements listed on Repossession-Laws.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 there. |