What is repossession?greenspun.com : LUSENET : Repossession : One Thread
What is the exact meaning of repossession? And from what point repossession starts?
-- Jung-Jin Lee (firstname.lastname@example.org), December 12, 2000
The taking back of property by a lender or seller from the borrower or buyer, usually due to default. When it starts seems to be upto the leder as to whe they want it to start.
-- Matt (email@example.com), December 13, 2000.