Hello, I bought a car in 2012 under my company and i was the surerity for the car. I 2013 Within 3 months of non payment I had received summons by mail for repossession. I started going home in odd hours, meaning I tried to hide the car, I was going through a difficult financial situation and at that time i could only afford just the basics, I then moved at the end of 2013 and stayed somewhere else. In 2014 my company was deregistered, I was living through handouts at this stage but didn't return the car. Now I want to return it. There's no way I can pay for it. I'm not working. I've just opened a new banking account last month, I've been afraid to do so thinking maybe Wesbank is tracing me down because of the car, I haven't registered it in the past 3 years fearing they might have alerted the traffic dept about it. Both my personal account and business accounts with fnb could be dead by now because I haven't used them in over 3 years. I only have an investment account left with them, which i see monthly statements on my e-mail. Other than this investment account, I just have a nedbank account which has been active for a month.

I would like to know exactly what could happen after the car is sold at an auction and then they want the deficiency. I'm not working, don't have any qualification right now. I will be going to school in June, will be doing a 3 year degree. my family will be supporting me. There's no other assets owned by the company or me personally. What will wesbank likely do when I'm unable to pay them after the auction has gone through?Your advice will be most appreciated.