The Free Boating Encyclopedia


Participate TranslateAbout

--- WikiTags ---



The nation's premier boat history report with a full compliment of title search resources. Includes eight maritime databases all rolled into one convenient interface. A must-have service for any prospective buyer, marine lender, or maritime professional.

Visit Now


Owner Background Search

Court Records - Criminal Records
Assets - Properties
Personal Details

Know your seller!

Sponsored by


Repossession WikiTagsWikiShare

BoatWiki - Definitions


A repossession in boating terms can be defined as the physical act of arresting or recovering a boat that is subject to a loan foreclosure. Although only an element thereof, it is often conflated with the terminology of a "foreclosure" which is an overall process of liquidating the collateral.


Depending on the circumstances, a boat may be arrested by a federal marshal or recovered by a private party. As with any type of physical repossession, it must be performed in a non-combative manner and in such a way as to avoid damaging the subject boat. In any event the overall foreclosure must be implemented according to the respective statutes to avoid legal ramifications. Whether handled through a court of law or non-judicially, the entire process should be handled under the auspices of a qualified attorney.

Credits and References

2/28/2022 - Page initiated by Team BoatWiki.


BoatUS Towing

---  Float Your BoatWiki ---

Learn about the role you can play
in supporting the internet's most reliable
source of boating information.

---  WikiAlerts ---

Stay informed about urgent matters of
boater fraud and the latest changes in
 boat registration or safety regulations.



BoatUS Member

A Division of Maritime Partners, LLC
State of Washington  USA
© Copyright 1998 - 2022 All rights reserved.