You are are describing a "Driver here, Pay here" situation. DHPH dealerships are notorious for doing this. And it is illegal. It is wrongful repossession. Here's what you do:
Do Not, give them your copies. Provide copies for them, but show them the originals. If you must go to the prosecutor, do so immediately after leaving the dealership. Be prepared to contact your local television news agency too.
Technically yes - the vehicle can be repossessed if you are 'in default' of your obligations under the contract. So while the usual way to default on the contract is by missing payments, it is possible for you to be in default by another way, outlined in the contract you agreed to.
You need to refer to your specific loan documents, but typically the morgage company can not accelerate your loan unless you default on the payments.
READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.
The car will most likely be repossessed unless you make up the missing payments and penalties.
Very little ! If you default on the payments, the finance company are quite within their rights to confiscate the vehicle. The camper does not become your property until you have made the final payment !
As soon as a lease expires on a vehicle that you have in your possession or you default on one of your car payments, the owner has the right to have your vehicle repossessed.
If you are in DEFAULT of the contract, the collateral can be repoed.
YES, very much so. If you cant get out of default, get your stuff out of the car.
Yes, default is default no matter what you do for a living.
When the contract is in DEFAULT.
To default is to not pay on a loan or other financial arrangement before the due date. Debit from a default is late fees, N.S.F fees or any extra payments created as a result of not paying on time.
IF you had ins. coverage and were not in DEFAULT of the loan in any way, CALL AN ATTORNEY NOW ! ! ! Are you sure the vehicle wasn't actually stolen? Usually the only two reasons for legal repossession are being in default on your payment or not keeping the required minimum insurance on the vehicle. This is to protect the finance company from possible loss and basically protect their investment.