Repossession Titles
Whenever any secured party repossesses a vehicle titled in Kentucky, for which a lien is in existence at the time of repossession, he shall present within fifteen (15) days the following paperwork:
- Affidavit Supporting Repossession and Disposition of a Vehicle (TC 96-192)
- Application for Title/Registration (VTR Vehicle Transaction Record-Form # TC96-182)
- Social Security Number for each party appearing on the title or Federal ID Number for companies.
- Title Lien Statement (TC 96-187E) showing the termination of the lien
- Copy of the original security agreement between secured party and debtor.
- Buyer must have Commonwealth of Kentucky proof of insurance (in their name as insured person, cannot accept driver) to complete transfer. All insurance cards must have the insurance company’s five-digit NAIC number listed on the card. Insurance is not required for Title Only Transfers, but license plate must be surrendered. See Title Only Transfers for more information.
- Special license plates, which are any plate that is not Unbridled Spirit or plain motorcycle plate, issued to the vehicle being transferred must be turned into the county clerk’s office at the time of transfer.
- Must be processed in the county the lien was filed
- Bullitt County Clerk’s Office accepts Cash, Personal Check, Money Order or Certified Check. The office does accept Visa, MasterCard and Debit. However, to process using a Credit/Debit Card, an additional processing fee is charged. Contact county clerk’s office for details. Credit/Debit Cards cannot be used over the phone.
The new owner shall pay all applicable fees for titling and transferring the vehicle to the county clerk. Only the first lienholder as shown by the title, shall be shown on the title issued by the clerk unless the prior secured party has discharged the lien in the clerk's office or proof of termination is submitted, if the prior lien was discharged in another clerk's office.
FEES
Speed Title/registered processed by financial institution: $34.00
Speed Title/registered processed by Kentucky dealer: $33.00
Speed Title-Title Only: $25.00
Regular Title/registered processed by financial institution: $17.00
Regular Title/registered processed by Kentucky dealer: $15.00
Regular Title-Title Only: $9.00
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Classic Motor Vehicle Project Title |
