FY26-115 Proof - ICC Collateral Recovery Ticket Starting NUMBER 1154001 02.03.26.pdf
PDF 961 KB Posted
- Attached to
- REBID FY26-115 Collateral recovery tickets
- Solicitation number
- 26-524ICC-ICCSP-B-51706
- Issued by
- Illinois
About this file
This document is an Illinois Commerce Commission Collateral Recovery Ticket form used by the state of Illinois for tracking and documenting vehicle repossessions. The form serves as a standardized template for repossession agencies to complete during collateral recovery operations. The ticket form requires comprehensive documentation including the repossession agency name, vehicle identification details (make, model, year, VIN), classification (Class R, E, EE, or RR), license and permit numbers, financial institution information, and identification of local law enforcement officers notified both prior to and following the repossession. The form is designed to be affixed to the recovered vehicle immediately at the time of repossession or thereafter, with placement requirements specified for titled vehicles to ensure visibility and avoid obscuring the VIN.
The collateral recovery ticket must remain with the recovered vehicle until release to the lien holder that ordered the repossession. The form includes three copies—one to stay with the recovered collateral, one for the financial institution, and one for the recovery agency's file. All fields on the form must be completed completely and accurately per the instructions provided. This rebid opportunity (FY26-115) indicates the state of Illinois is seeking vendors to provide these standardized collateral recovery tickets as printed materials to support ongoing repossession documentation and compliance activities across the state.
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Text version
ILLINOIS COMMERCE COMMISSION
COLLATERAL RECOVERY TICKET
AM
TIME: PM TICKET NUMBER: 1154001 I DATE:
Name of Repossession Agency:
Class R or Vehicle Identification Number: Class E or EE RR License Recovery Number: Permit
Number:
Make: Model: Year:
Name of Financial Institution:
Name and Officer Identification Number of the Local Law Enforcement Officer notified prior to the repossession:
Name and Officer Identification Number of the Local Law Enforcement Officer notified that the repossession has occurred:
FORM TO STAY WITH RECOVERED COLLATERAL
7/12
ILLINOIS COMMERCE COMMISSION
COLLATERAL RECOVERY TICKET
AM
TIME: PM TICKET NUMBER: 1154001 I DATE:
Name of Repossession Agency:
Class R or Vehicle Identification Number: Class E or EE RR License Recovery Number: Permit
Number:
Make: Model: Year:
Name of Financial Institution:
FINANCIAL INSTITUTION COPY
7/12
ILLINOIS COMMERCE COMMISSION
COLLATERAL RECOVERY TICKET
AM
TIME: PM TICKET NUMBER: 1154001 I DATE:
Name of Repossession Agency:
Class R or Vehicle Identification Number: Class E or EE RR License Recovery Number: Permit
Number:
Make: Model: Year:
Name of Financial Institution:
Name and Officer Identification Number of the Local Law Enforcement Officer notified prior to the repossession:
Name and Officer Identification Number of the Local Law Enforcement Officer notified that the repossession has occurred:
RECOVERY AGENCY FILE COPY
7/12
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1154001
INSTRUCTIONS FOR COMPLETION OF THE
COLLATERAL RECOVERY TICKET FORM
1.) All blanks on the form must be filled in completely and accurately.
2.) At the time of repossession, or immediately thereafter, the Collateral Recovery Ticket sticker must be affixed to the recovered collateral in a manner so that it is clearly visible upon inspection.
3.) If the recovered collateral is a titled vehicle, the Collateral Recovery Ticket sticker must be placed as close as possible to the vehicle identification number without obscuring the number.
4.) The Collateral Recovery Ticket form must remain with and accompany the recovered collateral until it is released to the lien holder ordering the repossession.
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