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repossess
(redirected from repossessions)

    Also found in: Dictionary/thesaurus 0.03 sec.

repossess v. to take back property through judicial processes, foreclosure, or self-help upon default in required payments.
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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.
STATE HUNGER FOR PREFAB HOMES GROWS by Daily News (Los Angeles, CA)
Stephens & Michaels Associates, a Third-Party Debt Collection Agency, Provides an Alternative to Charge-Offs and Repossessions
New Division, Avert Repo, Helps Lenders Avoid Repossessions and Keep ... by Business Wire
Moreover, repossessions have increased due to defaults.
EDITORIAL : MORE BOND BLUNDERING; CAL-VET LOAN PROGRAM IS IN WASTEFUL ... by Daily News (Los Angeles, CA)
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