re ‧ pos ‧ sess /ˌriːpəˈzes/ BrE AmE verb [transitive]
to take back cars, furniture, or property from people who had arranged to pay for them over a long time, but cannot now continue to pay for them ⇨ bailiff , repo man :
Eventually the bailiffs came to repossess the flat.
—repossession /-ˈzeʃ ə n/ noun [uncountable and countable]