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repossess |
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repossess v. to take back property through judicial processes, foreclosure, or self-help upon default in required payments. |
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? References in periodicals archive |
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Lenders were also far too lax in their requirements, which ultimately resulted in a wave of repossessions that flooded the market with used factory-made homes that could be purchased for much less than new ones, West said. Stephens & Michaels Associates, a Third-Party Debt Collection Agency, Provides an Alternative to Charge-Offs and Repossessions Moreover, repossessions have increased due to defaults. |
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