Best Answer

As much as they would like to, NO. It wasnt in their possession to be stolen from. YOU can report it stolen. The Lender has OTHER legal options to get the car, so dont think you will slide forever. LOL

NO. Only the registered owner can report the car stolen, or whomever had the vehicle in their posession. If the lender tells you this, they are only bluffing you, using scare tactics. They will say anything to you in the hopes that you do not know the law, or your rights. Most people don't. You can always call an attorney or the police to pose a question about what is legal.

YES..In the state of Arizona pursuant to ARS 13-18-13 after 90 days of non payment a lien holder can report a car stolen and is a class 6 felony.

User Avatar

Wiki User

โˆ™ 2015-07-15 21:46:42
This answer is:
User Avatar

Add your answer:

Earn +5 pts
Q: Can the finance company report a car stolen if they are unable to locate it to repossess it?
Write your answer...

Related Questions

What is internal report?

Internal report is a finance report that produced for internal member within the company such as director, shareholders, manager, etc.

Can a finance company report a car stolen if no payment has ever been made?


Car a finance company report your car as stolen?

Yes, they can. They can't finance you car if your car is a stolen car. When you put your car from a finance company, make sure that your car isn't stolen and bought it in a big car company.

Can a finance company report your car as stolen?

Only if you did not purchase this car. nor signed a written contract.

How can you locate your vehicle report?

Locate as much information on your vehicle and then you can contact the dealership, department of motor vehicles, contact the car company, or look through the manual.

Who does repo agent report to once car is repo'd?

I would hazard a guess that he contacts the finance company first.

For MBA students help Research report on Finance?

Any readily available Research Report for MBA Finance Students

How do you find out if a company had a profitable year?

The easiest way to find public company financials is looking up their stock ticker on Yahoo Finance. If the company is private your best source is press releases put out by the company.

Can the finance company report a repossession to the credit bureaus if the fees were paid and the car returned after five days?

""Car was reposssess."" You answered your own question.

How do you report a person hiding their car from repo man?

Are you really that desperate to be a snitch? I mean, it's a matter between the lessee and the agencies seeking to repossess the vehicle (those being the finance company and the recovery agents). It's none of your business, and the best thing for you to do is to just stay out of it. If they're halfway competent repossession agents, they'll get to the car. If all else fails, the finance company - being the actual owner of the vehicle - has legal options at their disposal. Your intervention is neither wanted nor required, and I'm saying this as someone who has been in the repossession business.

When will amazon report earnings?

If you go to yahoo finance and get a quote on AMZN listed on the left will be a category showing company events which will show future date for AMZN to report their earnings. But usually only a week or two in advance.

Where might one locate a fishing report?

One can locate a fishing report in state government policies that have to do with fishing. In addition, one can find online resources for fishing reports.

Project report on project finance as a tool for growth?


Can an Indiana finance company report a vehicle as stolen for non payment of the loan?

First, they'll try to repossess the vehicle. If you tell the repossessors that you don't know where the vehicle is, that could give them grounds to report it stolen, although it's a little more complicated than that, and they'd likely just file a missing property report, The finance company has no interest in jailing you - they want their money, and you obviously aren't going to make any amount of money in jail that'll allow you to pay them back. They might take you to civil court.If anyone's going to try reporting a vehicle as stolen, some repossession agents have been known to do it after they've been told, "well, I don't know where the car is", as a pressure tactic. IMO, a pretty underhanded move, but I won't say I would've been above doing it when I did repossessions (although I never actually did this).

What is name of a popular finance program?

The Economic Report by Nadhum Yassin

How can we do annual report of company?

The annual report of company is a information that receives a lot of attention. The annual report is very important document for every company to define their goals and forecasting.

What are the five PR tasks?

Report, locate, support, recover, reintegrate

When a creditor reports account information to a finance company and they report it as late does this imply that you were 30 days late?

Your credit report will show if an account was 30/60/90 days late. After 90 days, the account could show as a 'charge-off' or 'collection'.

Can a bank report a car stolen if in default of payment?

YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.

What happens when your car is reposed?

re-possesion is just that the dealer or finance company takes possesion of the security item for the is sold and any loss is reported on the credit report .they always have a loss .

What are the five personnel recovery tasks?

Report, Locate, Support, Recover, Reintigrate

Does bank report a check deposit of 98k into your account to IRS It is from a reputable finance company-a partial cash-in on a deffered annuity account?

Yes. Anything over $9,999 gets reported...

What is the difference between a controller and a director of finance?

A Director of Finance is responsible for insuring that the company or group has sufficient funds to carry out the business plan, while the controller allocates those funds and monitors the use of funds according to the plan. Both positions would normally report to the CFO or equivilent.

Who is a minor character in a report?

The person that works for a company noted in the report.

What has the author Robt E Pattison written?

Robt. E. Pattison has written: 'Extracts from the report of the U.S. Pacific Railway Commission' -- subject(s): Accessible book, Union Pacific Railway Company, Railroads, Finance, Central Pacific Railroad Company, History