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 ...

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 ...

Facing the prospect of car repossession might feel like an insurmountable challenge, but there are proactive steps you can take to steer clear of this stressful scenario. Whether you’re wrestling with ...

Eduardo Zepeda is a car aficionado, gasoline mechanic, and motorhome enthusiast based in central Mexico. He has lived in different parts of Mexico, the United States, and Canada, and he is constantly ...

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

Tight household budgets are pushing drivers toward financial strain.