If curtailments are not made or the dealer enters into default on their obligations, floor plan companies will take action to minimize their exposure. Those actions include attaching to the bond (not all states require dealers to have bonds), repossessing the collateral, and other collection efforts.
If curtailments aren't implemented or a dealer breaches their contractual obligations, floor plan companies will implement measures to mitigate their financial risk. These measures include securing the bond (not all states mandate this for dealers), repossessing the collateral, and pursuing other recovery strategies.