Can a bank seize an expensive go kart that was in a truck that was repossessed?

A very close friend of mine, who is an attorney employed by a major NY City law firm (whose initials start with S & C), wrote the following: "My best educated guess is that the bank is NOT entitled to the kart. The cart is NOT 'attached' to the property. Unless I see a contract that says it is or a statement filled under the Uniform Commercial Code that says it is, it