| 释义 |
`1`repossession `2`
"Nolo Everybody's Legal Dictionary":
A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.
See Topic: Debt & Bankruptcy |