repossess

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repossess

v. to take back property through judicial processes, foreclosure, or self-help upon default in required payments.

repossess

verb capture, foreclose, obtain again, reacquire, recall, recapture, reclaim, recoup, recover, regain, replevy, retrieve, secure, seize, take back, take possession of
Associated concepts: attachment, security interest
See also: reclaim, recoup, recover, redeem

repossess

to take back possession of property, especially for nonpayment of money due under a hire-purchase agreement. The right is circumscribed in many systems.
References in periodicals archive ?
They would be forced to sell their properties or could risk having their homes repossessed unless they find the necessary funds, it added.
The figure only relates to houses classed as main homes and does not include more than 200 investment or buy-to-let properties also repossessed by financial institutions.
Now I'm almost totally blind and I'm worried my home will be repossessed and I will end up losing everything I have worked my whole life for.
The Bank of Scotland raised a legal action against him and the property was repossessed.
The aim of an in-house NLP division is to pro-actively manage problematic loans and 'wind-down' currently repossessed (or to be repossessed) assets with a view to maximise recovery value with no immediate time pressures (note that there are also social-economic implications that the policyholders need to address with mass liquidations and disposal of real estate in an area where there is currently no market liquidity).
9 billion Suncoast Schools Federal Credit Union in Florida court, charging the CU repossessed her car after she fell behind on her mortgage payments.
But 27 weeks have been repossessed at the millionaires' playground after owners failed to pay loan instalments and service charges.
The home - which belongs to John Brian Sayers, father of hardman John Henry - has been repossessed by the mortgage company.
Summary: Bill-dodging contestants are given the chance to keep their repossessed cars in a new TV show.
A Worcestershire businessman who hoped to revive the MG racing brand has been hit with a new setback after his headquarters was repossessed over a pounds 400,000 debt.
At this stage, nobody is going anywhere and no homes will be repossessed.
The number of houses repossessed this year have declined compared to the same period last year, a survey conducted by the Economist has revealed.