If you have collateral in default in Maine, Nationwide Repo Company can help. We have been handling repossessions for lenders, dealers, and finance companies across Maine since 1999. Whether your collateral is in Portland, Bangor, Augusta, Lewiston, or anywhere in between, we have repossessors on the ground ready to move.
Call us now at 800-425-5075 or order online and we’ll get started right away.
Maine Repossession Coverage
We handle all types of repossessions throughout Maine including auto repossessions, truck and semi-truck repossessions, boat and watercraft repossessions, RV and motorhome repossessions, equipment repossessions, and private party repossessions.
Maine is a large state with a lot of rural territory. We know the state and we know how to locate and recover collateral even in the more remote areas. Our skip tracers have access to the databases needed to track down elusive debtors anywhere in Maine.
Maine Repossession Laws and Requirements
Right to Cure: Maine requires repossession be made under the Right to Cure law. Debtors must receive a 20 day notice prior to repossession. The Right to Cure requirement is waived if the debtor is uninsured or has fled the contractual state.
Redemption Period: Maine allows a 10 day redemption period following repossession.
Deficiency: Judgment notes are valid in Maine. Deficiency balances are generally enforceable if permitted by the lien instrument.
Title and Recording: Title information is handled through the Maine Motor Vehicle Division, State House Station 29, Title Section, Augusta, Maine 04333. UCC filings were adopted December 1964. Recordings for 1975 models and newer are filed with the Secretary of State. For older models, recording is with the Maine Clerk of the municipality where the debtor lives, or where the property is located at the time of repo sale.
Documents Required to Transfer Ownership: For 1974 and older models you will need a license registration certificate in the lienholder’s name, certified copy of the lien instrument, certified copy of the contract, notarized Bill of Sale, and Power of Attorney. For 1975 and newer models you will need the Certificate of Title and supporting documents.
Plates: Plates remain with the owner and may be transferred to another vehicle or the repossessor.
Why Lenders Choose Nationwide Repo in Maine
We are a contingency repossession service so you dont pay unless we recover your collateral. No recovery, no fee. That is how we have operated since 1999 and its why lenders and finance companies keep coming back to us.
Fast turn around times. Skip tracing included. We handle the process and keep you informed every step of the way.
Order a Maine Repossession Today
Ready to move on a defaulted account in Maine? Call 800-425-5075 or click below to submit your order. Download and complete our Hold Harmless agreement to get started.