answersLogoWhite
Repossession
Debt Collection
Florida

Can a warranty be issued for if the creditor is trying to repossess?


Top Answer
User Avatar
Wiki User
2015-07-15 18:36:10
2015-07-15 18:36:10

In some situations, YES. The threat of it is uasually enough to get the car repoed.

Related Questions

User Avatar

Certainly, especially if you signed an agreement. Ethically, you do not own the car if you have not paid for it and the creditor deserves to be paid. It sounds like you are trying to take advantage of the other party. Figure out your finances and pay up.

User Avatar

Files a "proof of claim" with the court.

User Avatar

It depends on what you are trying to state. You could use re- to form repossess, or dis- to form dispossess.

User Avatar

Of course, you can be charged with any felony you commit, but I think you're asking if it is a felony to hide the car from the repossession agent. Technically, no. But, if you are obviously hiding it and the lender gets really PO'd, he can go to court and have a writ of replevna issued. Then the sheriff will come along with the repo man and they will leave with the car - or with you. The correct answer is: it not a felony to hide a car from creditors who are trying to reposses......period.This is a civil matter not a criminal matter.The writ is issued in rare cases.

User Avatar

You must pay all of your legitimate debts. A creditor is not required to report a debt to a credit bureau in order to collect the debt you owe.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.