What is the process after your car is reprocessed?

1. They hold the car at some repo lot or other storage lot until they hold a car auction to sell it off.

2. Once the car is sold, the proceeds from the sale are applied to the balance of the car loan. Most of the time, they will not be enough to pay off the car loan, and you will then legally owe a deficiency balance. Oftentimes storage fees and auction fees are also tacked on to the deficiency balance.

3. The auto lender can now go after you for the deficiency balance, initiating any and all collection activities all the way up to a lawsuit. Once they start a lawsuit, they can get a judgment a few months later and start attaching your bank accounts, garnish your wages, etc.