File a lawsuit against you and the sheriff comes out and forces you to give up the car. Do not give it up and you will likely be in jail.
No, it's NOT legal.
It goes through a legal process, and if you fail to get your vehicle back, it will be auctioned of to help fund the government.
If guess you mean "refinance" when you say "reprocess", the answer is repossession. Loans in DEFAULT are subject to repossession of the collateral and payment of the balance owed by voluntary or legal means.
Legal action is permitted, criminal action is not.
NO, it is NOT legal.
In Maryland, a repossession fee cannot be collected if a pre repossession letter was not sent to the debtor. The letter is a legal requirement that must be provided before repossession can occur, and failure to send it could invalidate the repossession.
NONE OF THE ABOVE. Call an attorney ASAP.
Repossession can happen any time after a payment goes late; it all depends what the initial contract states.
Goes on your credit as a repossession.
Repossession laws vary from state to state. States also have different provisions for different types of property. You would need to be more specific about the circumstances, the property and the state where the repossession would take place. Your question should be reformed to ask, "Is a repossession under the following circumstances legal"? Asking what is considered an illegal repossession is much too broad a question.
One way to stop a repossession on anything is to make sure your bank actually has the proper paperwork filled out, and if not, file for a legal injunction to stop or delay the repossession.
Of course. They have the VIN and are the legal owners until you pay it off.