In the United States, repossessions are carried out pursuant to state laws that permit a creditor with a security interest in goods to take possession of those goods if the debtor defaults under …

The meaning of REPOSSESS is to regain possession of. How to use repossess in a sentence.

REPOSSESS definition: 1. to take back possession of something, especially property that has not been completely paid for…. Learn more.

Oct 8, 2025 · Missing a payment can lead to car repossession. It might be possible to get the car back, but you may still owe money even if it’s sold at auction.

Sep 12, 2023 · Losing a car to repossession can be financially and emotionally difficult. However, you do have certain rights and protections if your car has been repossessed because you …

Many things can be repossessed, but most repossession agencies focus on auto repossession.

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. Here’s what to do if you can’t make car payments or if …

1. to take possession of again, esp. for nonpayment of money due. 2. to put again in possession of something. re`pos•ses′sion, n. re`pos•ses′sor, n. Random House Kernerman Webster's …

Repossess definition: to regain ownership of; to take back, especially for failure to make due payment.. See examples of REPOSSESS used in a sentence.

Apr 12, 2025 · Repossession refers to the legal process by which a lender or seller takes back an item or property that was purchased or leased when the borrower or buyer fails to meet the …