0
According to the repo handbook, any debtor purposely hiding collateral from the bank to defraud them is illegal and you can be arrested when summoned to the court. I am a Repo man, and even if you hid thecar, no matter what eventually you will slip up and we will get the car...
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Hiding a car that may be repossessed?
You can hide it but, they'll come back later for it.
Can your car be considered repossessed and put on your credit report as repossessed if they never picked up the car?
Absolutely. Once the car is considered repo'd it is all paperwork, otherwise you could just hide the car from the lender.
Does a divorce decree keep a car from being repossessed?
No
If you hide your car from being repossessed will you get in trouble?
Yes, make your payments or contact the lender and work something out. They do not want to repo your car. They loose, and you loose big time. Talk to them. Not with the police it is a civil matter between you and the lender.
Can your car get repossessed while being serviced at a dealership?
Yes it can.
Do the police know that your car is being repossessed?
Generally speaking, no.
How do you find out where your repossessed car is being held?
The local police or the lender can tell you who has the car.
Is it true that a lender cannot put a repo on your credit if the car is being repossessed at a repair shop having actual repairs done?
Gina, if the repoman picks it up. its a REPO. Ya cant hide the car in a repair shop.
Can you go to jail for hiding your car from being repossessed in Texas?
If a court order has been issued (A 'Writ of Replevin') then you must turn the car over. If you purposefully hide it after this (Concealment) then this is an offence that you can be charged for, and prison is certainly one outcome.
Is it against the law to hide your car from being repossessed in Indiana?
It is against the law to hide your car from repossession in every state. It is called fraud, interfering with repossession, auto theft in some states. In Indiana it is routinely dealt with by replevin, an order from the court to surrender the property or go to jail and surrender the property.
Can police refuse to release a repossessed car that they hold?
It depends on the reasons the car was repossessed and what the local laws are. If the car is being held as evidence or to be processed for evidence, it can be held as long as it is needed.
Can your car be repossessed before being 90 days late?
Yes
