Get debt relief now. We've helped 205 clients find attorneys today.

What is your total debt?

Please select an answer
Continue

What is your total debt?

Please select an answer
Continue

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.

Creditors can take your property if you default on a secured debt. Learn more.

Find out what property your creditors can repossess, and what's off limits.

Learn about your options for getting a repossessed car back, and whether you should consider hiring an attorney to help you reclaim your vehicle.

You may owe still owe money after your car or other property is repossessed. This is called a deficiency.

Empower Yourself: DIY Products by Nolo

Sidestep the lawyers with do-it-yourself books, documents, and software.

Regain your financial freedom and fix your credit report with this pair of books designed to help you take control of your personal finances, get a hold of your spending, and make sure that your credit report is accurate.
Struggling with debt? Find solutions here.
Pursue your rights: put your demand in writing, and order the collection agency to leave you alone.
This letter helps you settle an outstanding debt with a creditor for less than the full amount owed.

Nolo offers hundreds of consumer-friendly, do-it-yourself legal products for all types of legal situations. Browse our full product list.

More Legal Issues

Click below to view more legal issues. Our extensive collection of legal topics ranges across different areas of practice.

Learn About Our Team

Learn About Our Team

Our editors have over 100 years of combined experience practicing law. These professionals have worked in a wide range of legal areas, from estate planning to criminal law to business formation and beyond. They’re experts at explaining complicated legal issues in easy-to-understand terms.

Learn more about the team that manages Nolo’s articles, books, and DIY tools.

Need a Lawyer? We Can Help

Find an experienced, local attorney in three easy steps. Our process is designed for ease and simplicity.

01

Describe Your Case

Briefly tell us about your case, and provide your contact information.

02

Get Connected

We find and instantly list attorneys that can best handle your case.

03

Hire an Attorney

Choose the attorneys you would like to work with.

Integrity and Expertise You Can Rely On

Get Professional Help
Get debt relief now.
We've helped 205 clients find attorneys today.

What is your total debt?

Please select an answer
Continue

How It Works

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