Vehicle Repossession

Borrowing money to purchase a car requires a signed contract that essentially provides the bank a security interest in the vehicle, which also serves as collateral that secures the loan. Not making payments over a certain amount of time can result in that collateral...

Purchasing a vehicle can be a major deal. For some automobile owners, these are major purchases and can be a large portion of one’s monthly income when it comes to payments, insurance, gas and maintenance. Thus, when financial troubles hit, and can feel impossible to...