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If someone hides a vehicle in Oregon must a Writ of Replevin be issued before the debtor can be arrested for hindering a secured creditor?
Wiki User
∙ 8y ago
I would have to agree with previous note. I am going to assume that you are the one hiding the vehicle. People like you just don't get it. Finance companies like the one I work for are gonna get you directly or indirectly. Go ahead and hide the vehicle. Let the finance company charge it off. Then go and try to buy a home or re finance the one you have. Your lender will either make you pay off the loan or roll it into your refi or jack up your intrest rate and maybe add points. Go apply for a credit card and see what kinda intrest rate you get if you get approved. Have alittle fun...Go and try to register the vehicle. Thinking about bankruptcy? You can get some what normal credit after 5 yrs now. The first 5 yrs depending on you will be spent on higher intrest rates on everything. Do the smart thing and return the vehicle or arrange for it to be picked up. Let it goto auction and see what remaining balance you have left and make arrangements to re pay it and move on......Just a thought
Wiki User
∙ 8y ago
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What does hindering a secured creditor mean?
Hindering a secured creditor means hiding or concealing property that is theirs. It can also mean not releasing information about a debtor that you would know.
Can you be served a warrant for hindering a secured creditor?
I am not sure how it is for each state, but I do know that in the state of Tennessee it is a Class E felony and warrants can be served if everything meets the criteria of "Hindering a Secured Creditor".
Can you go to jail for hiding your car from the repo man in Connecticut?
Yes, in Connecticut it is a basic form of fraud instead of specific (Other states name it as a separate crime; Hindering a Secured Creditor): To hinder, defraud, or unlawfully delay possession by a secured creditor; is a basic act of fraud.
What is the penalty for Hindering Secured Collateral in Arkansas?
whats the penalty for hindering in kleberg county
Can you keep money for damages from an auto accident even if you have a lien on the car?
You can, but you may find yourself in court or jail - some states consider that "hindering a secured creditor" and that means jail time.
What makes a secured creditor a secured creditor?
A secured creditor is one who has a contract with you that says if you fail to pay, the creditor can take a specified item you own to satisfy the debt. Most common are purchase-money loans, such as mortgages or car loans, but it can be any item.
What are the rights of the secured creditor?
To receive the proceeds, before others, fom the sale of the secured property.
Can someone go to jail for not turning in a car that's up for repossession in the state of Texas?
Yes. It's called hindering a secured creditor. Sometimes, depending on the value of the vehicle, it is a state jail felony. It's in the Texas Penal Code under fraud.
Defrauding a secured creditor law in Texas?
In law 48, what is a creditor? Is law 48 fair to creditors?
What can a creditor do if you stop payments on a secured loan that was not reaffirmed?
Repossess or foreclose on the secured property if the agreement is in default.
In Pennsylvania can a warrant be issued for your arrest if a car payment is 4 months past due and the lender has charged off the loan.?
NO, They might , IF they wanted to go that route, charge you with "hindering a secured creditor" if you wont give up the car. No this is a civil matter you will not be arrested for ANYTHING related to not paying your car loan.The above poster is wrong he is a repo guy who tells people these kinds of things to make his job easier.
Does Tennessee have a law against defrauding a secured creditor?
yes
