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How to get a car repossessed if you can’t make payments
You can surrender your car in bankruptcy, but forcing the lender to take it back may be difficult.
The better you understand how loans work and how lenders think, the better equipped you are to save on your loan.
— Pippin Wilbers
About the author
Pippin Wilbers is a Bankrate editor. He joined the personal loans team in 2024, though he's also contributed work on the auto loans, credit cards, student loans and small business loan verticals. Pippin is passionate about demystifying complex topics, such as car financing or finding the best personal loan, and helping borrowers stay up-to-date in a changing and challenging borrower environment.
Pippin stays on top of industry news sources, such as TransUnion and Experian. Working with reporters Hanneh Bareham and Denny Ceizyk, he analyzes industry data and trends and asks: "What does this mean for borrowers?"
Pippin lives in Denver. Before joining Bankrate, he brought vital news to his community as a small-town newspaper reporter. In his spare time, he enjoys foraging for mushrooms, reading, and dabbling in amateur entomology.
The better you understand how loans work and how lenders think, the better equipped you are to save on your loan.
— Pippin Wilbers
You can surrender your car in bankruptcy, but forcing the lender to take it back may be difficult.
Selling a used car with a lien can be tricky. Follow our tips to maximize your sale.
Selling a used car with a lien can be tricky. Follow our tips to maximize your sale.
If the car you co-signed for gets repossessed, your credit will take a hit.
Use these strategies to get the best deal on dealership lending.
Use these strategies to get the best deal on dealership lending.
Take these four steps before you head out on the open road.
Take these four steps before you head out on the open road.