Legally, they cannot take or repossess anything which was not owned by you: you had no right or power to encumber another person's belongings or to give person (or company) A a right to person B's possessons.However, by listing the household items, you created a presumption that you had the right to do so (i.e. that you owned them): the loan company could reasonably and legally try to take those items and your husband would have to prove that despite you claiming these as your own, they belong to him alone. If he can't do that, the loan company could get them; and if he *can* prove that you had no right to offer his belongings as collateral, the loan company could sue you for fraud, and possibly press charges for criminal fraud, too, since you lied to them in the loan application. NEVER list any property you are not sole owner of as collateral.