How would the bank know he has possession of the car, boat etc? I believe your freind is within his rights to refuse to release the item until his fees are paid, just like a repair shop would do if they had an unpaid repair bill.
I doubt that your freind could auction these items off for unpaid fees in the same way as he can do with 'contents' because cars, boats, etc have titles that must be transferred. There is probably a legal avenue to allow him to put a lien against the car boat etc and force a sale. That would require getting an attorney involved I think.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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