repossess

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repossess

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

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

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.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
Those rules will locate the acquirer of a destroyed chattel in Cell 2 (a wrongful repossessor), not Cell 1 (an abandonee).
A wrongful repossessor is also someone who takes an abandoned chattel emitting an irreversibly strong signal, even if the chattel is not destroyed.
Pete Conrad is an experienced repossessor with an Airline Transport Pilots License (ATP) who has owned a flight school and flown in the Alaskan Bush.
Nonetheless, a minority of states have imposed additional requirements on self-help repossessors. See CAROLYN L.
The six new vendors are The Advantage Network, Apex Print Technologies, Professional Recovery Services of Minnesota, Harland Financial Solutions, Repossessors Inc.
And, when the house is resold by the repossessors, are the previous owners still liable to pay?
Her husband, Evan Lindley, is a thinly disguised version of Wallace Austin, who lives beyond his means in the hope that he will make a major coup in various business endeavors, one of them being water-resource development, and can't bring himself to inform his wife that they are deeply in debt until the repossessors actually appear at the door when she is recovering from the birth of their first child.(19)
Harvey served as Chair of the State of Florida's Licensing Board known as the Private Security Advisory Council for ten consecutive years, as appointed by the Secretary of State, which regulates all private investigators, polygraph operators, security officers, armed guards and repossessors. Additionally, Morse is a fully certified and sworn Florida law enforcement officer having graduated first in his class at the police academy, many years ago.