Can a creditor repossess a vehicle and sue you for the deficiency then resale the vehicle?

in most cases they will sell the vehicle at dealer auction, then bill you for the rest.

example: you owed $13,000 at time of repossion. and the bank got $5000 for the car at auction, you would legally still owe the bank $8,000 . at this point you may be able to work out a payment plan with the lender, but failure to pay will result in a lawsuit.