This is called a voluntary repossession. What happens is the car will be auctioned in the condition that it is in and say you payoff is $12,000.00 and the auction for the car brings $9,000.00, there will be a judgment issued in the amount of $3,000.00. This will also stick with you on your credit.
No.
The person paying has the right to the vehicle
No. The only person who is liable is the person who hit your vehicle.
When driving behind another vehicle at night,
The insurance company is not liable for paying damages. The minor was knowingly breaking the law by driving w/o a license. The parent of the child will be held liable for damages. As will the person/owner of the vehicle if they knew the minor was not a legally licensed driver. If you let an un liscensed/uninsured minor driver your vehicle, your asking for it. If you werent the parent of the minor, they could sue you as well for neglect.
The thief of the car is responsible, not the owner of the car. How can the owner control his car being stolen? However, if the owner or person in charge of the vehicle left the keys in the ignition, liabilty may attach in some jurisdictions.
What do you mean hold them liable. If you gave them permission to drive your vehicle and you had excluded them on your policy, the insurance company will not pay any part of the claim. More than likely you, as owner of the vehicle will be the primary target. If the accident involves another car you will be primarily responsible for their damages and injuries as well as the damage to your vehicle. You can try to implicate the driver but it is your vehicle, your insurance and exclusion that you signed, and you gave this person permission to drive your vehicle, knowing what you do about them.
The driver's insurance would then be considered "secondary," meaning if the owner of the auto didn't have insurance, then if the person driving the car had insurance, they would be liable.
The person liable is the person who ignored the warning.
you are still liable for that loan. the lender may decide to not accept the bankruptcy charge and go after you for the money.
If a person is driving a car and he/she is uninsured but the vehicle in which he is driving is registered and insured to another individual, the registered owner is liable for the damages to the other pwesond's vehicle.
How can the person not moving be at fault? If we hit a pole or a snowbank we are deemed at fault, regardless of the circumstances, because they were not moving. Care and control of your own vehicle comes into play in this situation.