â A posting in the inventory management system that is made if a material. can no longer be used. This occurs, for example, if a material has deteriorated in. quality or becomes obsolete due to having been kept in storage for too long.
Report Abuse. Repossession, whether voluntary or involuntary, will show up on your credit report for seven years. Any money owed, if not paid, could also show up on your credit report as a charge off.This could seriously affect your ability to apply for any type of credit.hdhayes60 Â· 7 years ago.epossession, whether voluntary or involuntary, will show up on your credit report for seven years. Any money owed, if not paid, could also show up on your credit report as a charge off. This could seriously affect your ability to apply for any type of credit. hdhayes60 Â· 7 years ago.
how long does an eviction stay on your credit report and how long for a car reposession? also, would like to know if it's wise to file bank ruptsy/chapter 13,if that's what is, when most of my problems are unpaid medical bills which total $3400 and i have a car loan w/a balance of $6500 which all payments have been paid %100 on time and i just got a capital one cc which i was approved for?