No.
Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.
Ron, the SAFEST thing to do is contact a local repo company. Explain what you know and see how much its worth to them to know more. The info you need is not available to the public and the process to find out is more costly than you would make. Let the repomen get the car and you get the cash. LOL
The creditor is the lender. The bankrupt is the debtor. The lender never has to re-affirm he wants to get paid back.
IF they hate you enough, IF they can find out who your lender is, IF the lender wants to repo because of that fact, The ins. co. is supposed to notify the lender anyway if you let the policy lapse....
Basically. YES. You decide you cant pay, you tell the lender you are moving, you move out, lender sells home(not as quik as a car), lender wants balance due on the loan.
Law on this subject will vary from state to state, so you should see a local attorney. In most jurisdictions, the owner cannot sue to recover the payments they made. If the lender follows proper legal procedure, the lender should be able to sell the vehicle at a public auction, apply the proceeds to the loan balance and then sue the borrower for the deficiency.
no one it's illegal
The question does not contain enough information to allow a reliable answer to be made.
yes it OK if she wants to blow her brother and he wants it + its not illegal
If the lender wants the car back and doesn't think you are going to pay because you have moved, they can find you in much less than 30 days. Look at it from the lender's viewpoint: you're 45 days late, moved, left NO forwarding address, no way to contact you. WHAT does that look like to you? And, YES, in some states it IS illegal to hide secured collateral.
yes, especially if the first co-signer's credit is not as good as what the lender wants it to be.