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What does a repossession sale mean? Join or Log In to answer.

-Mnb477 (32Q / 0A)
Wed Jul 9, 2008 6:00pm

The items for sale have been repossessed (by the bank probably, to repay a debt) and the debtor is selling them to recover the loss.

-Yeraze (6Q / 90A) Wed Jul 9, 2008 6:01pm

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