- reclaim: claim back
- take back: regain possession of something
- (repossession) the action of regaining possession (especially the seizure of collateral securing a loan that is in default)
- Repossession is generally used to refer to a financial institution taking back an object that was either used as collateral or rented or leased in a transaction. ...
- (Repossessed (album)) Repossessed is an album by Kris Kristofferson, release on Mercury Records in 1986 (see 1986 in music). ...
- (Repossessed (novel)) Repossessed is a children's black humour novel by A. M. Jenkins.
- (Repossessed (Jokes)) What happened to the guy who couldn't keep up payments to his exorcist? He was repossessed.
- (Repossessed) (2002) as Alison Labatte
- (Repossessed) If you buy your home with the help of a secured loan then the lender will usually protect their interest by registering a 'legal charge' against your house. This means that when the house is sold you will first have to repay the lender any money you have outstanding. ...
- (Repossession) Once in default, as defined by the creditor in the security agreement, occurs, the creditor can: repossess the collateral by self-help (depending on state law) or with the aid of a court order, dispose of the collateral by public or private foreclosure sale, retain the collateral ...
- (Repossession) This is when a borrower fails to pay back their loan in accordance with the terms and conditions of their loan and the lender takes legal ownership of the property. ...
- (Repossession) A creditor’s taking possession of property pledged as collateral on a loan contract on which a borrower has fallen significantly behind in payments.
- (Repossession (Foreclosure)) Legal process by which the lender forces the sale of a property because the borrower has not met the mortgage terms.
- (Repossession) Forced, or voluntary surrender of merchandise as a result of the customer’s failure to pay as promised. There are several types and descriptions of repossession actions
- Repossession is the taking of property by a finance provider where the borrower has not fulfilled their obligations.
- (Repossession) The act of a creditor regaining possession of an item sold to you.
- (Repossession) the taking of property, e.g. a home, against which a debt is secured.
- (Repossession) Property that is taken back by the creditor when the borrower does not make payments due on the property.
- (Repossession) When a debtor fails to make payments on a secured loan, the creditor may take the item(s) used as security for payment of the debt.
- Repossession refers to the process in which a lender regains possession of a property that was used as security by a borrower who has since defaulted on their debt.
- When a repossession occurs a vehicle owner fails to make loan payments, and the financial institution holding the title takes possession of the vehicle.
- (Repossession) Where a lender takes property that has been provided as security for a loan. This will generally happen after the borrower has stopped repaying the loan (making payments). ...
- (Repossession) Taking possession of property that was earlier sold on an installment contract because the buyer defaults on payment of the debt.
- (Repossession) When a house is repossessed, it is taken back by the lender holding the mortgage
- (Repossession) When a creditor takes possession of your vehicle after you default on your loan or lease. For credit rating purposes it does not matter if the repossession was voluntary or involuntary.