IF the loan is perfected, it can be repossessed. If you have signed a loan contract with the vehicle specified as collateral for that loan, it can be reepossessed if the loan is in default.
They are sent to an auction and sold.
NONE on the loan.
The vehicle can be repossessed.
YES! Including any interest.
Call the loan company and ask them. If you are up to date on your loan you have a case against them.
The short answer is yes, if you want to keep the car. Otherwise the loan will go into default and it will be repossessed. If you did not sign for the loan, it will not affect your credit.
You are unless it's a TITLE LOAN, they usually write it off.
Yes. By co-signing they agree to pay the loan.
You'll have to pay off the bank and get the title cleared.