Repossession of Personal Property

There are times when a creditor can take your property without suing you first. When a creditor does this, it's called repossession. Many people have heard of car repos. But in certain situations, creditors can also take your household appliances, large screen TV, or any other item of property that serves as security for a loan.

The key to repossession lies in secured debt -- the property must serve as collateral as payment for a loan or other debt.  

Below you'll find articles explaining when creditors can repossess property, how particular items are repossessed, and what happens if you still owe money after the creditor takes and sells your property (called a deficiency balance). To get specific articles on car repo, visit our Car Repossessions page.

Get debt relief now. We've helped 205 clients find attorneys today.
First Name is required
Continue
First Name is required
Continue

More Legal Topics

Get Professional Help
Get debt relief now.
We've helped 205 clients find attorneys today.
There was a problem with the submission. Please refresh the page and try again
Full Name is required
Email is required
Please enter a valid Email
Phone Number is required
Please enter a valid Phone Number
Zip Code is required
Please add a valid Zip Code
Please enter a valid Case Description
Description is required

How It Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you