repossess

(redirected from repossessing)
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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 ?
By failing to obtain court orders before repossessing motor vehicles owned by protected servicemembers, HSBC prevented servicemembers from obtaining a courts review of whether their repossessions should be delayed or adjusted to account for their military service.
The Justice Department filed a lawsuit today in the Eastern District of Michigan to recover damages from the COPOCO Community Credit Union, alleging that it violated the Servicemembers Civil Relief Act (SCRA) by repossessing protected servicemembers motor vehicles without obtaining the necessary court orders.
The law prohibits repossessing a motor vehicle from a servicemember during military service without a court order if the individual made a deposit or installment payment on the loan before entering military service.
The Ministry of Justice said that while there was no evidence that other lenders were repossessing properties without court orders, it wanted to close the loophole.
The specter of getting caught dogged her days working in South Florida, repossessing cars.
Griffith, driven by the loss of her own mother to be there for her daughter at whatever the cost to her other love, took the job repossessing cars and shut off the ignition on her basketball career.
GMAC), the nation's largest auto finance company, knowingly and systematically violated Wisconsin law by repossessing cars without proper notice or court order.
As a result, TAESA defaulted on its lease of a 1988 Boeing Model 737-300, and IAI is currently in the process of repossessing the aircraft.