Banks don't chase you. they will simply give your detail to collection agency. These collection agencies will employ all legal and non legal ways to locate you and the asset. Even if someone gave wrong address and the go live in a gated community or condo, someone from the collection agency will follow your movement and notify the towtruck if your car is found outside even for a while. Imagine you go buy nasi lemak then see your car missing.

But they simply cannot enter a private compound to forcibly tow the car. Only in public. BUT they can demand you to surrender your car key. If you didn't, they cannot do anything. But the more you try to avoid, the more you're gonna owe to them and the bank so its better to contact your bank rep to sort out a payment plan.

How do I know this. Got my car towed earlier this year. Didnt pay for 2 months. Owe the bank 1K but had to pay nearly 3.5K to get my car released. Never again in my life.

Yup, The officer i talked afterwards told me its 75 days. For me its CIMB. Maybe other banks follow different days kot.
Totally my fault for ignoring my payment, so there's nothing for me to argue except to pay up and retrieve my car. I'm sure some of you know this place Puchong Bandar Puteri parking lot. They use forklifts to move cars around. Man, that's when I decided to avoid this place entirely.