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Can you still get insurance and registration if your hiding from a loan company on a vehicle?
Wiki User
∙ 14y ago
If you have defaulted on your loan and not returned the vehicle, then you have basically committed a theft.
Wiki User
∙ 14y ago
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Can you file bankruptcy if you are hiding your car from being repossessed?
You can, but it most definitely would not be advisable. The vehicle would have to be listed in the bankruptcy schedule as a secured debt which means it is NOT dischargeable in a BK.
If you no longer live at the address that you gave the title loan company how do they go about finding you?
Its a secret but dont you worry I will find you and hopefully while your shopping for ice cream.... Everyone leaves an electronic trail of where they live. If you pay bills then we have your address. If you shop online we have that information too. Do your kids go to school? How about the hospital, ever been there? Do you pay insurance? How about your employer, do they report your information to the IRS? There are to many ways to list but no one is impossible and hiding only gives the bank cause to not allow you to remain in the loan once we have repossessed the vehicle. Best to not hide but if you do, we'll find ya.
What is wilful concealment?
The legal definition may vary from state to state, but in general, it means intentionally hiding a vehicle when the payments are past due so a repo agent cannot find it.
Can you go to jail in Texas for hiding your finaced vehicle?
Yes, you can. It's a state jail felony if the value of the property is at least $1500, which is going to include most cars. (It becomes a third degree felony if the car is worth at least $20,000.)
What is the meaning of harboring your collateral?
that is protecting or hiding your assets
Do you call your insurance company if you caused damage?
It is advisable to call your insurance company immediately in any accident. If you do not, they may think that you are trying to defraud them by hiding the accident.
Your wife wants to swap cars with someone so their car wont get repossessed is there any legal trouble you can get in to for doing this?
Yes. She would be perpetuating a fraud, by helping a person to hide the vehicle from the rightful owner (the loan company). Plus, this is all kinds of stupid. Do you really think that a person who is hiding from the repo man is going to be responsible with your car? Do you think they'll pay it if they get a parking ticket? Do you think they are going to keep up with insurance and registration? (If you are driving someone else's car, and insurance lapses, you will still get the ticket.) Do you think they are going to avoid wrecking your car?
I am vehicle owner and got her to sign notarized acknowledgement that its her fault How can claims department get statement from authorized driver who is at fault with accident if she went hiding?
''they have their ways'', i'm not sure if i understand, was it your vehicle she was driving or she was driving a vehicle that hit you? if the owner is different from the driver there is pressure on the owner to help in getting this taken care of...is the owners company refusing payment to you until they get her statement? there are many many ways to find someone in hiding, if all else fails there are 'skip trace'' companys that all insurance companys use in these situations.......more details and i can be of more assistance
Can you go to jail for hiding your finaced vehicle?
No, not unless there is a court order for you to release the vehicle.
Who pays for damage of car if unlicensed minor is in an accident?
The owner of the car and their insurance company are responsible for paying for the damages as a result of the accident. To avoid this problem, you can start hiding your keys.
Can you be arrested for vehicle embezzlement if you are knowingly hiding a vehicle from a repossession agency in the state of Arizona?
yes.
Do you loose your liciense if you hide a car from repossession?
There is a possibility that you licenses could be suspended. If you are hiding the car from repossession, you technically are stealing the car. The finance company can contact DMV and have the registration revoked and report it as stolen. Give the car back. Nothing good ever came out of hiding one from the repo man. They WILL get it eventually.
Can a finance company threaten to have you arrested if the car is not returned?
If you are hiding the vehicle or continuing to use a vehicle that is no longer yours, you can be arrested for theft or fraud. Most lending institutions just repo the car, but if they have reason to believe that you're keeping their property from you they can go after you in criminal court.
What happens when you cannot locate a vehicle that is to be repossessed?
If there is evidence of fraud, the person hiding the vehicle can be prosecuted and possibly even put in prison.
Can you get in trouble for hiding your car until you get caught up on your payments in Texas?
Yes, it could be considered "theft by deception". When the lenders go to court to start reposession they have taken ownership of the vehicle. At that point you no longer have rights to the vehicle and if the lender claims that you are deliberately hiding the vehicle they could have a good argument for the theft by deception.
In Georgia can you be arrested for hiding your vehicle from the repo man?
I feel sure that the state will not get the collection field
A finance company is trying to repo your car in Tennessee can you get in trouble for hiding it?
yes
