0
Can a loan company turn a vehicle that is behind on payments into the police as stolen?
Wiki User
∙ 8y ago
HECK NO, they have lots of legal remedies but that is not one of them.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Can a vehicle be taken by police for delinquent payment?
Can a vehicle be taken by the police for delinquent payments.
What do you do if you are uninsured and rear ended by a company vehicle and the driver does not want to contact their insurance company?
Call the police and/or the company that owns the vehicle
What if the finance company after 8 months never get their vehicle one day the driver gets pulled over by the police will they take the vehicle?
This depends on where you are.If you are in an area where it is illegal to hide the vehicle from the finance company you will get arrested, the vehicle will be impounded and the finance company notified.Added: If you have been concealing the vehicle from the creditor and at the same time not beein making payments, the creditor may well have filed a stolen vehicle report with the police.You have wrongfully deprived the creditor of their property (i.e.: THEY own it - not you). If the vehicle turns up in the police records as stolen they will not only confiscate the vehicle - you could be facing criminal charges as well.
In California does a finance company have the right to repo a car from a police impound when payments are not behind?
No, They would have to be behind on the car payment The above is not always the case. It can depend on what the car was impounded for. If it was impounded for something like drugs where asset forfeiture comes into play then yes the finance company can take the car regardless of payment status. The reason for this is because there are times when the authorities will tell the finance company that if the vehicle is returned to the registered owner the finance company will lose their rights to it as well. The finance company does not have to hand their collateral back to you if it means loss of collateral, it is their car after all.
Is it grand theft if the car dealer repoes a vehicle that is not behind on payments and also doesn't notify the police?
It sounds like a civil issue to me... you might contact an attorney or your local law enforcement agency to make sure though.
Can a vehicle be impounded of forfeited?
It can be impounded by the police, a repo man, or for being parked illegally on private property. It can be forfeited if you fail to make payments on time and the bank repossesses the vehicle.
How do you find out if your car has been towed?
So call The Police immediately. And also call your dealership cause you might of gotten it repoed. Behind on your payments?
In California can a parent who cosigned report the car stolen if their child is behind in payments?
I am not sure it is possible but my only suggestion is to call your local Police Department and find out
Whose insurance company do we report to if the vehicle that was stolen was borrowed from a friend?
You should report the theft immediately to the police and to the car owner's insurance company.
How do you find out the insurance company by license plate number of vehicle?
Report the accident to the police. Request that the police provide hit and run driver info to your insurance company. This is the only legal way to do what you are asking where I live.
Is a law enforcement vehicle considered a commercial vehicle?
No. A commercial vehicle is defined as a motor vehicle used for public transportation or cargo transportation. Generally, A vehicle is designated "commercial" when it is titled or registered to a company. A taxi cab is a commercial vehicle. A police car is not.
Why are police vehicles painted police from back to front?
So people can easily recognize the vehicle as a police vehicle.
