repossessing (Meaning)

repossessing

to take possession of again by judicial process or self-help upon default of the payment of installments due compare foreclose, seize sense 2, to regain or retake possession of, to restore to possession, to regain possession of, to take possession of (something bought) from a buyer in default of the payment of installments due

repossessing Sentence Examples

  1. The bank was repossessing the house due to unpaid mortgage payments.
  2. The loan company threatened to repossess the car if the delinquent payments continued.
  3. The landlord initiated proceedings to repossess the apartment for violating the lease agreement.
  4. The finance company repossessed the motorcycle after discovering it had been stolen and sold illegally.
  5. The pawn shop repossessed the jewelry when the loan was not repaid within the agreed timeframe.
  6. The repossession agency arrived at the debtor's home to take back the electronics that had not been paid for.
  7. The repossessed appliances were sold at auction to recoup the outstanding balance.
  8. The repossession process left the debtor feeling humiliated and financially vulnerable.
  9. Some states have laws that protect debtors from unfair repossession practices.
  10. The company had a policy of repossessing vehicles that were not returned after a certain number of days late on payments.

FAQs About the word repossessing

to take possession of again by judicial process or self-help upon default of the payment of installments due compare foreclose, seize sense 2, to regain or re

reclaiming, recovering, recapturing,retrieving, regaining, getting back, recouping, reacquiring,retaking, recruiting

losing, misplacing,mislaying,

The bank was repossessing the house due to unpaid mortgage payments.

The loan company threatened to repossess the car if the delinquent payments continued.

The landlord initiated proceedings to repossess the apartment for violating the lease agreement.

The finance company repossessed the motorcycle after discovering it had been stolen and sold illegally.