Q: I recently lost my job and could not make my car payments. The car was repossessed by the finance company. Now I am being sued for more than $6,000. They took the car back. Doesn’t that end the ...

Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...

No one finances a new or used car and plans on having it repossessed someday for missing payments, but life happens, the economy fluctuates, and surprise financial hardships are a very real thing. If ...

It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DOLTON, Ill. — When a lender sent a ...

So, you missed a few car payments and now a tow truck is at your door. Don’t worry, all is not lost. Though it seems like you have no options left, there are still some things you can do to keep your ...

When people default on their automobile loans or fail to return rental cars on time, businesses need someone to retrieve the vehicles. You can fill this need and earn significant business income by ...

Ford is trying to patent technology that would allow cars to repossess themselves. As first spotted by The Drive, a Ford patent application titled "Systems and Methods to Repossess a Vehicle" was ...

If you're behind on car payments and peering through the curtains for the repo man, you should know a vehicle repossession could drive your credit into the ground. But you might be able to put on the ...

(New York Times)So many people have so many things they can no longer afford. This is an excellent time to be a repo man. When a boat owner defaults on his loan, the bank hires Jeff Henderson to seize ...

Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized. While it can help you avoid additional fees, involuntary repossession still ...