united-states ownership
Ownership of items bought with credit card
<p>Hypothetical question, assume US jurisdiction.</p>

<p>When someone buys an item with a credit card and then skips on the card bill payment, is there a legal provision for the card issuer to claim ownership over the bought item or service? Or is it then just a dispute over arrears?</p>

<p>A credit card debt is generally unsecured i.e. There is no property put up as collateral for the loan. In particular, goods purchased with the facility are not collateral.</p>

<p>If you default on the debt then the creditor can sue you and obtain judgement. With that in hand they can seek to enforce that judgement. There are two methods that involve seizure of property: direct seizure of whatever the court officer can get and bankruptcy which places all property in the hands of the trustee. This <em>may</em> include stuff bought with the card but not necessarily.</p>
