NJ MVC Form OS/SS-99 - Instructions for Default of Security Agreement
Form "OS/SS-99 - Instructions for Default of Security Agreement" provides instructions and guidance for individuals or entities involved in cases of default on a security agreement related to a vehicle. It outlines the steps and procedures to follow in the event of a default.
An example scenario for using this form is when a vehicle owner defaults on their loan or lease payments, and the lienholder needs to initiate legal proceedings or repossession. This form provides essential instructions to parties involved in handling such defaults.