Your lender may either keep your car or sell it to put the money towards your loan. However, the lender must notify you of its actions. You are allowed to know when and where the sale of the vehicle will take place. If you have questions about what happened to your vehicle, a skilled lawyer can help. The lender must sell your car in a manner that is considered commercially reasonable. This involves standard practices and an attempt to obtain the highest price possible. If your lender does not act in a commercially reasonable manner, you may be able to file a deficiency claim against them.
