VOLUNTARY SURRENDER OF MOTOR VEHICLE DESCRIPTION …
VOLUNTARY SURRENDER OF MOTOR VEHICLE
DESCRIPTION OF VEHICLE:
YEAR
MAKE
Date of Promissory Note:
________________________
VIN NUMBER
MODEL
Amount of Promissory Note $________________
Balance of Promissory Note:$________________
TO:________________________________________
Being unable to pay the balance due on the above described vehicle: Named as security
interest on a promissory note dated
In the amount of $
with a
balance of $
and realizing that the vehicle will continue to decline in value
and in order that I may benefit from its maximum obtainable value, I hereby voluntarily return to
you and surrender to you the above described motor vehicle for such disposition as you may wish
to make on the same, hereby transferring and assigning to you all of my right, title and interest in
said vehicle, provided, however, that such surrender and transfer is upon the express
understanding and condition that I am relieved from any and all further liability or responsibility
in connection with the said vehicle at the time of this surrender. You are hereby authorized and
empowered as my attorney in fact to cancel any insurance on said property and to apply any
premium refund to the above account, and to execute in my name the title certificate and other
documents to effect the transfer and disposition of the above vehicle any of the accessories or
attachments properly appertaining thereto and have not previously transferred or encumbered any
right, title or interest which I may have had in the said motor vehicle. I FURTHER
ACKNOWLEDGE THAT I HAVE CAREFULLY CHECKED THAT THE VEHICLE STATED
ABOVE IS FREE OF ALL MY PERSONAL PROPERTY.
Accepted by the
Customer Signature
BY_______________________________
Authorized Agent for Company
Witness
_____________________________
Witness
Date
__________________________
Date
................
................
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