Not unless the person has a desire to find out what the inside of a state prison looks like. A vehicle that has lien on it does not belong to the borrowers until the loan is paid in full. Any action taken concerning the vehicle must be approved by the lender/lien holder. If that is not done the borrower(s) can find themselves in serious legal trouble including being charged with committing a criminal act. In addition, false reporting of a stolen vehicle constitutes a 3rd or 4th class felony in most states.
i would report it stolen. if the payments are made the loan company can and probably will come after you for the money. If you report it stolen to the cops you can at least report it to the insurance company and the loan company and that should remove your responsibility.
No they can not because then the cosinger can report te car being stolen. YES YOU CAN AS LONG AS YOU ARE THE PRIMARY OWNER OF THE VEHICLE. THE COSIGNER IS JUST A PERSON WHO HAS MADE AN AGREEMENT WITH THE BANK THAT IF FOR SOME REASON YOU SHOULD DEFAULT ON THE LOAN THE BANK CAN PURSUE THE COSIGNER. BECAUSE THE COSIGNER PRESUMABLY HAS BETTER CREDIT AND STRONGER WORK HISTORY, THUS THE ABILITY TO REPAY THE LOAN. OF COURSE YOU HAVE TO BE OF AGE AND FOLLOW ALL OF THE LAWS WHEN DRIVING.
Of course not. The car has not been stolen. But guess who is going to have to make the payments if the primary lender does not. You the cosigner, that's who. I would suggest you talk to the person you cosigned the loan for. If I were going to have to make the payments I would for sure try to gain possession of the vehicle. This is the very reason cosigning is a bad idea.
No. But if you get your money stolen and you don't file a police report, you won't get your money back. If you get your car stolen and you don't file a police report, you won't get your car back. If you get your jewelry or furniture stolen and you don't file a police report, you won't get your jewelry or furniture back. If you get your car stolen and you don't file a police report, you won't get your car back. If you get your bike stolen and you don't file a police report, you won't get your bike back. The point is if you get something stolen and you don't file a police report, you won't get your stuff back. But they're not allowed to put you in jail for refusal to report a stolen car, bike, jewelry, money etc. You won't go to jail for refusal to report a stolen object, but whatever you got stolen, you won't get it back.
Not possible to report them stolen unless they go jacked off in a car lot
As long as the title or registration do not have the thief's name on them....and even if the thief's name is a cosigner you should be able to file a theft report. Ask your local registration office or DMV
You can report it to the police.
it is if you report it to the police as stolen
Call the police and make a report.
rport it stolen?? Who will take the report?? Barney Fife??? NO, cause its NOT stolen. The 'stolen" line is a sure sign of a LAZY repoman. Or an uneducated repoman who believes everything they hear. How can you "steal" your own car? The lender CANNOT report the vehicle stolen. You, as the registered owner, are the only one who can make that report to the police.
You are committing a crime if you knew the car not to be stolen.
mayday mayday, my iPhone's been stolen? ...
Report it stolen.
Go to the local police station and report it as stolen.
If it is really stolen by someone and not simply in possession of the lendee. The owner of the vehicle is the only one who can report a vehicle stolen, not the lender. But if the car is taken to the tow companys and yard and is now "missing" then the tow company can report the missing car since they had it in their possession. The first place the police will come to though is your house. The police will not come to your house it is a civil matter.The tow company cannot report the vehicle stolen it is not their vehicle to report stolen.
You should report it as soon as you know your car was stolen. There is no statute of limitation to report a theft. However, a delay would cast doubt on the veracity of your story.
contact your local police department and they will take a report.
You can report any theft immediately.
File a report with the police.
file a stolen goods report and buy a new one
Yes, that will appear on the report.
Think about it, the car was NOT in their possession, so how can they report it stolen? They cant. Its a CIVIL matter NOT criminal.
You can report it stolen but they wont do anything once they find out a co owner has the car. They cant steal a car they own.
YOU are responsible for the debt that is secured by the "stolen" car. Be sure to make a police report on the 'stolen" car.