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Can you be arrested in Florida for concealing a vehicle that a bank wants to repossess?

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2017-10-10 17:32:19
2017-10-10 17:32:19

IC 35-43-4-5 Defenses Sec. 5. (a) An owner in possession of encumbered property does not commit a crime under this chapter, as against a person having only a security interest in the property, by removing or otherwise dealing with the property contrary to the terms of the security agreement, even if title is in the credit institution under a mortgage, conditional sales contract, or bailment lease.

IC 24-4.5-5-103 (5) The buyer may be liable in damages to the seller if the buyer has wrongfully damaged the collateral or if, after default and demand, the buyer has wrongfully failed to make the collateral available to the seller.

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YES, that is one of the very few laws in CA. that makes sense. Call DCA's Consumer Information Center toll-free at 1-800-952-5210. In the Sacramento area call (916) 445-1254.

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If the repossessor is allowed in, yes. They cannot force their way into the community.

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A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.


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