A Lewiston bank's unorthodox approach to selling its repossessed vehicles has caught the attention of area financial institutions. Bank sets up repo lot | Mainebiz.biz Processing Your Payment ...

Since Bob and I bought an existing repo company based in Florida in 2005, we've repossessed 2,000 boats and sold off more than half of them, ranging from a $1,000 1975 Trojan 32' to a $20 million ...

Boat loans, like car loans, give the bank permission to recover its collateral in the case of default, which explains why a repo man can go into a yard without technically trespassing.