Repossession of Personal Property
- the balance due at repossession
- the fair market value of the property at the time of repossession
- any costs incurred to repossess the property
Only deposit products are FDIC insured.
The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation.