My story

[XG_Falcon]

I don't like to make assumptions but I'd be surprised if the car wasn't used as the security asset to attain this loan in the first place. The creditor has every right to take the car and sell it to recoup their costs on the loan if you fall behind on your payments.

Loans can be secured or unsecured, usually secured is a lot cheaper (lower interest rates) because the car or another significant asset is used as security - which means the creditor is taking a much smaller risk.

After studying the information we've been given, it seems like this was a secured loan, which would mean that the creditor is the actual "owner" of the vehicle (so to speak). They can repossess and sell the car if the borrower falls behind. It's a simple civil matter.