Vehicle Repossession | Consumer Advice
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 …
Car Repossession Explained: What Happens and What to Do Next
Oct 21, 2025 · If you’re facing a car repossession or you’re already behind on payments and think your car could get repossessed soon, the WorkMoney team shows you how to handle it and …
Repossession - Wikipedia
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 …
What is Repossession & How it Works | Equifax
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, …
Car Repossession - How it Works & How it Affects Your Credit
Jun 14, 2024 · If you fall behind on your car's monthly payment, your lender can take it back. Learn what car repossession is, how to avoid it, and how to get your car back.
What happens if my car is repossessed? | Consumer Financial ...
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 …
Car Repossession: Process, Timeline, & What to Know
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.