The property owner may repossess the accommodation if damage has been caused.
If you do not keep up regular payments, the lender may take steps to repossess the vehicle.
For this reason, when a homeowner stops making mortgage payments, the bank as the lien holder has the right to repossess the home in the form of a foreclosure.
In some states, this time extends after the sale of the home, meaning that the original homeowner can reinstate their right to repossess the home even after a new, third party has purchased the home at auction.
There are a number of organizations that either repossess vehicles for nonpayment or seize vehicles for legal reasons.