I bought a car from a dealership that immediately after the sale, closed shop and left town. I had a 12% loan from a credit union in Vermont. After one year of making payments dutifully I wanted to refinance at a lower rate of interest. Credit union would not refinance due to no title on the car. I went to bank to refinance, my credit score had climbed a hundred points in one year. Bank will not make a loan for a car with no title. I have stopped making payments Can credit union repossess my car without having the title?