Future Ford vehicles could repossess themselves or go into a "lockout condition" if the driver misses payments, according to a recently-published patent application. Ford Global Technologies filed a ...
Imagine being a couple of weeks late on your car payment and starting your Mustang or F-150 on a hot day only to discover the air conditioning doesn’t work. If Ford secures a patent it applied for in ...
Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...
Ford had an idea that would allow a car to repossess itself and drive back to a specific location if the buyer missed payments. Now, it appears that the Blue Oval has abandoned that patent.
The Village of Dolton failed to make a loan payment of over $76,000 last year, according to the bank, but trustees said the payment was authorized in May and don't know why it wasn't made. Dolton, IL, ...