What are two methods a creditor can use to repossess property?

The correct answer is based on the legal processes available to creditors for reclaiming property that is rightfully theirs. One method, known as a writ of replevin, is a court order that allows a creditor to retrieve specific property from a debtor who has defaulted on obligations. This process requires legal action and the involvement of the court to enforce the right of possession legally.

The second method, self-help repossession, allows creditors to reclaim their property without the need for court intervention, as long as such repossession is done without breaching the peace. This method is commonly utilized in cases involving secured transactions, such as loans related to vehicles or other property, where the creditor has a security interest.

These methods balance efficiency for creditors while still adhering to legal frameworks that protect debtors' rights. Meanwhile, alternatives like court summons and verbal notice do not provide the legal foundation necessary for repossession, and methods like eviction pertain specifically to landlord-tenant relationships rather than property ownership secured through loans.