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- Replevin is a legal action used by creditors to recover collateral when debtors default on secured loans123. Examples of replevin include:
- A bank filing a replevin action against a borrower to repossess the borrower's car after he missed too many payments1.
- An automobile finance company initiating a replevin action to gain possession of a vehicle following payment default2.
- A plaintiff, such as an art gallery, seeking to recover stolen artwork in the possession of an innocent third-party4.
- A creditor seeking an order from the court requiring you to give the car back to the creditor when it can't be repossessed without breaching the peace3.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Creditors use replevin actions to recover collateral when debtors default on secured loans. For example, a bank might file a replevin action against a borrower to repossess the borrower's car after he missed too many payments. See Debtor and Creditor Law.www.law.cornell.edu/wex/replevinReplevin actions are often filed by secured creditors seeking to take possession of collateral securing loans or other debt instruments, such as retail installment contracts. A common example is where an automobile finance company initiates a replevin action to gain possession of a vehicle, following payment default.en.wikipedia.org/wiki/ReplevinIf the creditor can't repossess the vehicle without breaching the peace—for example, your car is in a locked garage—it may then seek help from the court through a process called replevin. With a replevin lawsuit, the creditor seeks an order from the court requiring you to give the car back to the creditor.www.nolo.com/legal-encyclopedia/car-repossessio…An example of this type of replevin action is where a plaintiff, such as an art gallery, seeks to recover stolen artwork in the possession of an innocent third-party. Id. at 314-315. To prevail in a replevin action, the plaintiff must establish that the defendant is in possession of property to which the plaintiff claims a superior right.
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