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Alaska Repossession Service

Alaska Repossession Service

Title: Alaska Reclamation Title and License Information for the Department of Motor Vehicles in Alaska 2150 E. Dowling Roadway, Anchorage, AK 99507
Recording: UCC to be brief. Financial institutions need to have liens on car titles.

Recovery: Repossession allowed through judicial process.

Repo Redemption: Once a vehicle has been repossessed they have ten days to redeem it. If a client paid for more than 50% of purchase price or $500 at public auction sale will be held. If not, it can also be sold privately.

Deficiency: Retaking is not barred by an action for balance due; deficiency is collectable as well as foreclosure being admission of judgment promissory notes.

Specific Provisions on Vehicle Repo: In order to be effective against third persons the lien must appear on the title.

Documents Needed for Transfer of Ownership in Repoed Vehicles: The repossession title in debtor’s name or lienholder with certified copy of lien instrument shall pass to bank employee. Certification of registration. Registration fee: $5.00.

Foreclosure Plates: They stay in the repossessed car except personalized plates are removed.

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Alaska Repossession Coverage

Alaska Counties covered for repossession- Aleutians East Borough, Anchorage Borough, Bristol Bay Borough, City and Borough of Juneau, Denali Borough, Fairbanks North Star Borough, Haines Borough, Kenai Peninsula Borough, Ketchikan Gateway Borough, Kodiak Island Borough, Lake and Peninsula Borough, Matanuska-Susitna Borough, North Slope Borough, Northwest Artic Borough, Sitka Borough, Yakutat Borough

Alaska Repo Offices- Adak, Akhiok, Akutan, Ambler, Anaktuvuk, Anchor Point, Anchorage, Anderson, Atqasuk, Auke Bay, Badger, Barrow, Big Lake, Buckland, Cantwell, Chickaloon, Chignik, Chignik, Chignik, Chiniak, Chugiak, Clam Gulch, Clear, Cold Bay, Coldfoot, Cooper Landing, Deering, Denali National Park, Douglas, Eagle River, Edna Bay, Egegik, Eilson Air Force Base, Elmendort Air Force Base, Ester, Fairbanks, False Pass, Fort Richardson, Fort Wainwright, Fritz Creek, Girdwood, Haines, Halibut Cove, Healy, Homer, Hope, Houston, Igiugig, Iliamna, Indian, Juneau, Larson Bay, Levelock. Moose Pass, Naknek, Nanwalek, Nelson Lagoon, Nenana, Newhalen, Nikiski, Ninilchik, Noatak, Nondalton, Noorvik, North Pole, Nuiqsut, Old Harbor, Ouzinki, Palmer, Pedro Bay, Perryville, Pilot Point, Point Hope, Point Lay, Port Alsworth, Port Graham, Port Heiden, Port Lions, Prudhoe Bay, Salcha, Sand Point, Saxman, Selawik, Seldovia, Seward, Shungnak, Sitka, Shwentna, Soldatna, Steese, Sterling, Sutton, Talkeetna, Trapper Creek, Two Rivers, Tyonek, Wainwright, Ward Cove, Wasilla, Willow, Yakutat