The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
A growing share of American drivers are falling behind on car payments, and repossessions ...
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
A family struggled to rebuild their lives after an abusive marriage ended in tragedy and financial ruin ...
Repossession for a car happens when you’ve defaulted on your auto loan, and your lender may seize the vehicle to recover its losses. In many states, lenders are not required to give you notice before ...
The threat of repossession hanging over dozens of Lorain County Sheriff’s Office cruisers is expected to be resolved Thursday ...
Affirming a Tax Court decision, the Eighth Circuit held that a taxpayer who repossessed his former principal residence after the buyer defaulted had to recognize gain equal to the excess of the cash ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
If you miss payments on your leased car, it may be repossessed, which can be expensive and financially damaging. You can try to prevent repossession by making missed payments, contacting the leasing ...
Voluntary repossession is when you return a car you can’t afford to the lender. Before making a decision that will hurt your credit score, learn more about your options. Many, or all, of the products ...