Legal Question in Credit and Debt Law in California

Reinstating the loan is entirely up to the lender at this point, and if the car has been wholesale auctioned, it is too late. Repossessions move very quickly, and without much notice, so it is entirely her responsibility to deal with it early, well before the vehicle was actually repossessed. I fully understand her age and stress over this, however, it is still her responsibility even though she was not in possession of the car. The sad part is that by bringing the car back to her house, you did the lender a huge favor because they might not have found it at the other person's house, and might not have been able to repossess it so easily, which might have bought her more time to deal with this. Sadly, it is probably only good as a lesson in what not to do - never cosign or take out a loan on a vehicle, home or any other debt for that matter for someone else. These kinds of "favors" almost always come back to bite the person who tried to do the right thing, as the person for whom the "favor" was done has no real consequence if they stop making payments and lose the vehicle. I am sorry I can't give your mother better news, but unless Toyota still has the vehicle and voluntarily agrees to allow her to reinstate the loan, its too late and she will have to now face a deficiency for the car's sale at auction.

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