Maybe you had your car or truck repossessed because you were behind on payments. All is not lost. Were you sued for the deficiency on your note after the vehicle has been sold at auction? Generally what happens is that once the creditor repossesses the vehicle, they will dispose of the vehicle , often by sale, and usually at an auction, then they will apply the proceeds of the sale to your balance. then bring a lawsuit for the remaining balance on the note. You have rights and protections under the law.