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2. What To Do If Your Car Is Repossessed - AOL

   www.aol.com/car-repossessed-221913061.html

   If you owe $12,000 on the loan, for example, and the lender sells your repossessed car for $8,000, the $4,000 difference — as well as any associated fees and costs — are called the deficiency ...

3. Vehicle impoundment - Wikipedia

   en.wikipedia.org/wiki/Vehicle_impoundment

   Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

4. Repossession - Wikipedia

   en.wikipedia.org/wiki/Repossession

   Various objects can be repossessed, including boats and aircraft, but most repossession agencies focus on car repossession. The repo agent normally uses a tow truck or pickup truck with a special towing attachment called a boom. They also may obtain the key from the car owner. Usually, the vehicle owner must be notified of a repossession.

5. Lincoln Towing Service - Wikipedia

   en.wikipedia.org/wiki/Lincoln_Towing_Service

   Lincoln Towing Service is the DBA name of Protective Parking Corporation, [1] one of the largest towing services in Chicago, in the U.S. state of Illinois. [2] The primary business location is at 4882 N. Clark Street, in the Uptown community area of Chicago in Cook County, with a second location at 4601 W. Armitage Avenue.

6. Is That Used Car for Sale Really a Repo or Government Surplus?

   www.aol.com/news/2011-03-30-is-that-used-car-for...

   Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal. But the ...

7. Car Repossessions Reach Decade High — 5 Expert ... - AOL

   www.aol.com/finance/car-repossessions-reach...

   Car repossessions in the U.S. have reached a decade high. In December, the percentage of subprime auto borrowers who were at least 60 days late on their car payments increased to 5.67%, up from 2. ...