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In September 2019, citing breach of the 1981 agreement, the City repossessed the ship and put her for sale. [2] A planned sale of the vessel to Dwor Metal company fell through in January of 2023. [5] The company's owner had planned to renovate the vessel for private use, but the transaction fell through. The vessel remains moored on the former ...
Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings.
On 14 May 1938, the boat was repossessed by the mortgagee but rented by Rosman from June under the name Regis. [1] On 1 May 1939, the High Court of Australia found that the vessel had capsized through negligence. Charles Rosman lost his captain's ticket for three years, although he ran his ferry business into the 1970s.
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 ...
Car repossessions are on the rise, according to auto industry experts at Cox Automotive. Nearly 1.5 million vehicles were repossessed in 2023, which was 300,000 more than 2022.
After a couple of down years, vehicle repossessions are up by 20.4%, according to Cox Automotive. During the pandemic, Americans received stimulus funds to spend on themselves and their cars ...
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