Louisiana title, and repossession requirements:
Louisiana Repossession Title State: License and Registration information refer to: State of Louisiana, Repo Motor Vehicle Division, P.O. Box 64886, Baton Rouge, Louisiana 70896
Louisiana Repossession Recording: Recorded on Parish basis. Repo Liens on motor vehicles must be recorded on title.
Louisiana Repossession Recovery: The debtor is required to sign a Louisiana Repossession voluntary surrender and release prior to the lien holder or repossessor taking possession of the collateral.
Louisiana Repossession Redemption: Not permitted after repo sale of collateral. (Some question if conditional sales repossessions are valid.)
Louisiana Repossession Deficiency: Not permitted unless seized through the court pursuant to a chattel mortgage foreclosure and sale. Confession notes are invalid.
Special Motor Vehicle Provisions: Chattel mortgages recorded on Certificate with the Commissioner of Motor Vehicles Div. and another with the Clerk of Court in Parish where debtor resides.
Louisiana Repossession Documents Required to Transfer Ownership of Motor Vehicle: Title in lien holders name (any state) notarized Bill of Sale (showing amount, buyers name, date of sale) or title in lien holders name with lien released, Notarized affidavit of Repossession, completed notarized Bill of Sale.
Louisiana Repossession Plates: Remain with the vehicle or repossessor.
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