Ski Pro 3 wrote:
Yes, they can and will repo it. They hire a repo company and they won't care if your personal property is in it or not. They won't care if they damage it or not. They are paid to recover it and take it to the repo yard and get paid.
I agree - a couple of nylon straps and a wrecker - and it's gone. Along with your possessions. And because it will be greatly depreciated (and probably damaged) you will be on the hook for the outragious cost of repoing it, plus the remaining balance due between the amount owed and what they sell it for (usually pennies-on-the-dollar). The whole process of repos is a pretty dirty game (I saw it firsthand when a relative's possessions were repoed) - I would recommend NOT going that route.