> It's not as if these things happen suddenly, either. There's months of effort by the lender to try to get you back on track. Repossession comes with risk, and it always comes with a fee. No one is eager to do this.

Not quite true. Buy here pay here dealerships and similar are absolutely eager to do this, and will go out of their way to make it onerous to pay what is owed, so they can sell the same 5 year old Kia for $15K multiple times over.