repossession in A Sentence

    1

    Repossession will be done only after issuing the notice as detailed above.

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    2

    Due process of law will be followed while taking Repossession of the property.

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    3

    Bank will follow all such procedures as required under law for recovery/Repossession of security.

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    4

    This is the first formal signal to the developer that the lender has begun the Repossession process, even while keeping the door open for a settlement.

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    5

    While written communications, telephonic reminders or visits by the bank's representatives to the borrower's place or residence will be used as loan follow up measures, the bank will not initiate any legal or other recovery measures including Repossession of the security without giving due notice in writing.

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