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 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, …

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 …

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 …

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.

Oct 12, 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.

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 …