As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.

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 ...

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 ...

Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...

A&B Abstract: The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views ...

Coming out of the COVID-19 pandemic, the auto finance industry will face a number of issues when it comes to self-help repossession following a borrower’s default. A number of jurisdictions across the ...

In most parts of the country, having a car isn't optional. Without your own vehicle, it can be extremely difficult to get to work or provide for your family, but at the same time, car ownership can be ...

A repossession agent-commonly called "the repo man," and hired by the creditor to recover the property-may enter your ...

A routine vehicle repossession attempt at Parkdale Mall in Beaumont, Texas, escalated into a chaotic and highly visible ...

Tight household budgets are pushing drivers toward financial strain.