Dec 18, 2025 · If you agree to a “voluntary repossession,” you might pay less in fees. But even if you return the car voluntarily, you’re still responsible for paying the difference between what …

Repossession, commonly referred to as repo, is a "self-help" type of action in which the party having the right of ownership of a property takes the property in question back from the party …

Repossession occurs when your lender seizes an asset — known as collateral — that's tied to a secured loan. Many different assets can be repossessed, including cars and other vehicles, …

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 …

Oct 13, 2025 · Car repossession happens fast, often without warning. Learn how it works, your rights, and options to stop it—or even get your car back—before it’s too late.

Nov 19, 2025 · Lenders can reclaim a vehicle from a borrower who is unable to make loan payments. Learn more about the car repossession process and what to expect.

Jul 11, 2025 · Repossession is a legal process allowing a lender to recover property, such as a vehicle, when a borrower defaults on a secured loan. This remedy allows a creditor to take …