Form MVT15-1 Repossessed Motor Vehicle Affidavit and Disposition of Vehicle Under Lien - Alabama

What Is Form MVT15-1?

This is a legal form that was released by the Alabama Department of Revenue - a government authority operating within Alabama. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form MVT15-1?A: Form MVT15-1 is the Repossessed Motor Vehicle Affidavit and Disposition of Vehicle Under Lien form in Alabama.

Q: What is the purpose of Form MVT15-1?A: The purpose of Form MVT15-1 is to document the repossession of a motor vehicle and the disposition of the vehicle under a lien.

Q: Who needs to fill out Form MVT15-1?A: Lenders or lienholders who have repossessed a motor vehicle in Alabama and are seeking to dispose of the vehicle under a lien need to fill out Form MVT15-1.

Q: What information is required on Form MVT15-1?A: Form MVT15-1 requires information such as the vehicle identification number (VIN), a description of the vehicle, details about the repossession, and the intended method of disposition.

Q: Are there any fees associated with Form MVT15-1?A: Yes, there is a fee of $15 for each Form MVT15-1 submitted.

Q: What should I do with Form MVT15-1 after filling it out?A: After filling out Form MVT15-1, you should submit it to the Alabama Department of Revenue along with the required fee and any supporting documents.

Q: Are there any deadlines for submitting Form MVT15-1?A: Yes, Form MVT15-1 must be submitted within 30 days of the repossession of the vehicle.

Q: What happens after I submit Form MVT15-1?A: After submitting Form MVT15-1, the Alabama Department of Revenue will review the form and issue a certificate of title to the lienholder or their designee to complete the vehicle's disposition.

Q: Can I use Form MVT15-1 for any type of vehicle?A: No, Form MVT15-1 is specifically for motor vehicles. Other types of vehicles, such as motorcycles or trailers, may have different forms and requirements for repossession and disposition.