The Repossession form contract for purchase and sale in Mecklenburg is a legal document utilized when a creditor seeks to reclaim property that a borrower has defaulted on. This form includes essential sections detailing the parties involved, grounds for jurisdiction, and the specific circumstances leading to the default. The major features of the form include a comprehensive list of all relevant contracts and agreements, descriptions of the secured property, and calculations of the debt owed. Users must accurately fill in the pertinent details, including vehicle serial numbers, principal amounts, and the circumstances of the default. The form also outlines the creditor's request for court intervention, seeking immediate possession of the property and an expedited hearing. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants dealing with collections and repossession cases. It enables them to navigate the legal process efficiently, ensuring that all necessary information is presented clearly for prompt judicial action.