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repossession
(redirected from Repossession Agent)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

The taking back of an item that has been sold on credit and delivered to the purchaser because the payments have not been made on it.

For example, if an individual fails to render prompt payments on a new car, the car might be subject to repossession by the finance company, which has extended the credit.

See also: redemption, replevin, salvage
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Your repossession agent has to carry out the repossession within the law.
Repossession Service ? Hire the Right One to Ensure Legal and Hassle ... by Daljeet Sidhu / Law community
Your repossession agent has to carry out the repossession within the law.
Repossession Service - How to Hire the Right Agency to Ensure Legal ... by Daljeet Sidhu / Business community
The 1984 original starred Emilio Estevez and Harry Dean Stanton in the tale of a young tyro, Otto, who gets recruited as an apprentice repossession agent and gets involved in the hunt for a mysterious 1964 Chevy Malibu with a priceless cargo.
Alex Cox plans sequel to Repo Man by guardian.co.uk / guardian.co.uk
 
 
 
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