The creditor can obtain a replevin order from the court if it becomes necessary. Wisconsin is the only state which requires a replevin order to be in place before a vehicle can be recovered. All other states allow repossession under the UCC laws, although some do require the borrower to be notified and given a specified time to bring the account current before the vehicle can be seized..
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
Same as a regular repo. The creditor may still put the repossession on your credit report and it would stay there for up to seven years. Notice the word "may", because it is at the creditor's discretion...
yes
Yes. Your question does not make any sense, but yes. A warrant for your arrest can be signed at any time with sufficient cause. A better question is why do you think your getting a warrant and how is it related to this vehicle. You filed under repossession, and to my knowledge you cannot get a warrant for hiding something from being repo'd. They are separate schools of law, the repossession being under a breach of contract between you and the loaning institution (contract law I think its called), and a warrant would be regarding criminal law.
Thats a good question to ask your B/K attorney for state specific advice.
Unless you are a creditor, I assume you mean can you surrender a car to the lender in a voluntary repossession. If the creditor will do it, you can. Obviously it will depend on the mileage and condition of the car, but these days it is complicated by the state of the economy, so not likely. You can surrender the vehicle in a Chapter 7, where the creditor has no choice.
newdiv
NO
Yes, it is called hindering a creditor, or hindering repossession. It is not likely that you will be arrested for such, but it is far more likely that the creditor will obtain an order of replevin. If such occurs, the repossession agent is likely to return with this order accompanied by a law enforcement officer who will order you to surrender the vehicle. If you refuse you will be arrested, and you will have to surrender the car to secure your release.
The time frame for a creditor to sue you after a repossession varies by state, but typically it ranges from 2 to 6 years. It's important to check the specific statute of limitations in your state to determine the exact time frame.
what are the legalities of voluntary vehicle repossession
While the debtor does not have to unlock the vehicle, turn over the keys, or allow the repossession agent access to the garage, purposely attempting to hide the vehicle can be considered a crime if the debtor does it with the intention of hindering a secured creditor from obtaining access to its rightful property. That said, the debtor is not obligated to assist the repossession agent in any way in obtaining the vehicle.