Can a boat be repossessed

Yes, and they are every day.

It is true that boats, 4 wheelers, and any other type of recreational vehicle are repossessed all the time. It also true that these types of repossessions are some of the most difficult to accomplish. With something like a boat for example, you don't have to use it everyday out of necessity like your car. This means it can be located anywhere. Vehicles are most often located by finding the person who owes for it. The repo man can locate the owner of a boat but that doesn't mean it will be anywhere they live, work, or have listed on their credit application. A boat can be located literally anywhere. Usually something like that is found by convincing the debtor that he has no choice but to it hand over or convincing a friend or relative that they are actually helping you by revealing it's location so that you don't go to jail. It is very unlikely that you would ever be put in jail or arrested because you refused to reveal it's location. The only time I saw this happen was when the bank knew where the owner lived and worked and decided to go the hard way. They obtained a repleveth requiring him to come to court. When in court he admitted to the judge he had the boat but wanted to use the upcoming weekend for the holiday and then he would turn it over. That was not smart. The judge told him to reveal it's location to him immediately, he refused so the judge found him in contempt and ordered him to jail until Monday, this was on a Friday. When he heard this he said never mind he would tell. The judge said fine, you will get your chance on Monday. He had to sit in jail all weekend, not for being unable to pay the note or from hiding the boat. He went to jail because ignored a judge's order right to his face. Had he not been located, gave it back before that day or even told the judge where it was when he asked things would have been different. Having said that, it is also very easy to get one if it is found because there is no one at the location to stop them. In most cases it would be better to sell the boat for what is owed on it and be done with it. So, the answer is yes they can be repossessed but can be very difficult.