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NO, it wasnt stolen.

No, why would they report it stolen?

If you default on the loan they will simply have it repossesed in order to sell the car and recoup some (and if they are lucky all) of the funds needed to payoff the debt.

Yes they can actually. If you are leasing or financing you signed a contract. Once you default on that contract, the contract can be deemed void and therefore your rights to drive the car can be terminated. If they are unable to reach you and you are "not cooperating" they have the right to report their property as stolen in order to get the vehicle back.

For further help, look over that contract you signed. = )

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โˆ™ 2015-07-15 18:24:59
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Q: Can the bank report the car stolen if you default on a car loan?
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Does and outstanding credit card loan that hasn't been paid ruin your chance of co signing for a car loan?

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If you loan your car and it is not returned is it stolen?

it is if you report it to the police as stolen


If a person is 4 months late on a car payment can it be reported stolen?

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What happens when a car payment go into default for the cosigner?

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Yes, the bank will sue you if you default on your home loan and place your house in foreclosure.


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What can you do if husband took car and car loan is under your name?

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If you default on a auto title loan can they report the vehicle stolen?

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Can you get a student loan if a student loan you co signed for is in default?

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What do you do if you lose the title to your car and it has a lien on it that you are default in?

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What can i do if i am listed as a cosigner and my spouse took the car and left the state?

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Can a car repossession be removed from your credit report because another family member was responsible for the loan?

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If you default on a car loan how long does it take for a lender to remove your name from the title and report the vehicle as stolen?

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If in the US, then yes. The default will be replaced with paid in full. Simply send proof of the payment to the three credit bureaus.


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