They got a court order to repossess the house and garage.
Remember, lenders don't want to bring homeowners to court or repossess their home.
This also means that, in certain situations, the finance company can repossess the car if you break the contract.
Others in the oil industry have said that oil companies often take a tough stance when trying to repossess their filling stations from licensees.
In many states, the lender can repossess your car without as much as a telephone call or written notice if you fall behind on one monthly payment.
He said as soon as the go-ahead was given after the meeting, the council would proceed to repossess the idle plots.
The financier can repossess the vehicle if you fail to make payments, but you are free to sell it as long as you agree to pay the outstanding debt.
According to the Red Cross, ‘We never repossess tents given to victims.’
Former Mansa Batteries workers have supported Government plans to repossess the closed company and sell it to other investors.
If something prevents you from meeting your payments, your lender can repossess your home and sell it to pay off your debt.