Wrongful Repossession

You shouldn't have to worry about your car being picked up by the repo agent if you've made timely payments on your car loan. Vehicles sometimes get repossessed even when borrowers pay on time though. While this often happens because of computer glitches or bad...

If you rely on your car to get to and fro, then it may be an absolute nightmare to think of the prospect of not having access to it. This is what motivates many consumers to continue making timely loan payments. What if you were consistent in making loan payments, but...

When an asset gets repossessed, it's stressful enough even if you understand why it's happening. If you don't make your mortgage payments and they start to foreclose on your house, you know why you reached this point, but it still puts incredible pressure on you and...

Software and app developers have been hard at work during the past few years developing mobile technology aimed at curbing wrongful repossession (repo) rates of vehicles. One of the standout programs that has emerged from all of their hard work is a mobile platform...

There are plenty of law-abiding people working in the repossession business -- and there are also quite a few who act like every repossession is a game they're determined to win. Some of those repo agents are definitely not above breaching the peace to get at your...

If you slip behind on your car payments, it won't be long before you hear from your lender. At that point, it's critical to do your part in working out an agreement that allows you to keep your vehicle. Depending on the circumstances, there may come a point when your...

A financial hardship is difficult enough without debt collectors harassing you. If this becomes a problem, you're sure to find yourself in an even more stressful situation. Fortunately, there are things you can do to protect yourself. First and foremost, remember...

When you take out a loan to purchase a vehicle, you agree to pay it back based on the terms and conditions of the agreement. There are many situations in which your lender may consider its legal rights for repossessing your car. However, there are specific steps your...

You rely on your car to commute to work, pick up groceries and get your children to and from school. So, if you no longer have access to your vehicle, it will lead to a variety of challenges within your day-to-day life. If you slip behind on your car payments,...

We should only buy things we can afford, but that doesn't stop us from making some bad financial decisions. In many cases, people make all the right choices and circumstances still keep them from financial success. Although creditors often have the right to reclaim...