Learn more about Ohio's repossession laws, what Ohio repo agents can and cannot do, and what happens after the car is taken away. Ohio's car repossession laws and regulations are all laid out in detail in Section 1309 of the Ohio Revised Code.If you don't make your car payments on time, your lender might have the right to take your car without going to court or telling you first. Are you struggling with debt in Columbus? Are you about to default on loans? Most likely, the do not know where you work right now. If you fill out that form they will then know. Voluntary repossession is when you return a car you can't afford to the lender. Even if you successfully complete a voluntary repossession, the payments you missed on the auto loan will still appear on your credit report. The Uniform Commercial Code allows for the recovery of a deficiency balance in the absence of full recovery from a collateral sale.
