Tag: repossessions

What you need to know about repossessions

A repossession is the term used for taking back any object that has been presented as collateral, rented or leased in the course of a transaction.  This is typically referred to by financial firms or institutions like a commercial bank,. A good example is when a customer defaults on his/her car repayments with the creditor […]

January 13, 2012 | 0 Comments More