Yes, you signed a contract that no matter what, you'll pay your debt to whom ever gave you the loan. If you don't pay it, they will make your life miserable.
IF you were NOT in DEFAULT, then it was a wrongful repo and you shouldn't have to pay. Call a local attorney NOW.
Yes, you're responsible for the balance.
Yes. You are also responsible for repo fees, storage, auction and collection fees. You pay for it all.
The vehicle will be sold at auction, the proceeds will be applied to the loan and to the repo fees, then you will still be responsible for any remaining amount owed to the loan.
Yes, you can if they cannot garnishee your wages.
no
he is
you don't,it's part of the car now.even if you owe for the wheels , you more than likely won't get them back .you will still be responsible to pay for them
The LENDER is responsible.
The Bank that took ownership.
You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.
The lien is still valid, so yes, they can repo it.