The car will probably be repossessed.
YES.
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
Anyone's car can be "repossessed" if they don't make their car payment.....
Absolutely.
Yes. If the payment is made to the finnance company.
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
Its NOT a matter of HOW late, just that you ARE late. Read your contract. That should explain when you are in DEFAULT.
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
YES, making the down payment is part of the contract and you are in default on it.
As long as you owe them money they can take it.
Legally, ONE.Actual practice?? 3-60