English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

the meanaing for the repogition is a any customer is a not paid instalment for lone is the twowheeler and not responce to the executive so whicle is bank order to repotion.

2007-09-25 20:35:56 · 1 answers · asked by vishal c 1 in Business & Finance Other - Business & Finance

1 answers

Do you mean repossession? If you took out a loan from a bank to buy an asset like a motor vehicle, you have to make monthly repayments to the bank. If you default once, they'll send you a letter to remind you. If you default twice, they'll warn you that they'll repossess the vehicle if you don't pay up. If you default three times, they'll usually come for you and take back the vehicle. That's what's meant by repossession.

2007-09-26 01:43:59 · answer #1 · answered by Sandy 7 · 0 0

fedest.com, questions and answers