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 ...

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.

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 ...

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, ...