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yes You are obligated, under the terms of the original loan, to keep the lending instittion informed of your current address or where the vehicle is parked at night if it's not at your home. Once the lending institution has taken the paperwork to the courts and received a judgment, the vehicle is theirs and anything you do to prevent them from getting back their vehicle is considered theft. To save yourself a lot of trouble, just pay off the note and demand the title, or give them the vehicle.

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โˆ™ 2006-03-10 02:29:29
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Q: If your car is going to be repossessed is it legal for your loan company to report it stolen if they do not get your address?
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What if your car is about to be repossessed but it gets stolen who is then responsible?

YOU are responsible for the debt that is secured by the "stolen" car. Be sure to make a police report on the 'stolen" car.


Can a person who holds title to a vehicle have it repossessed from someone driving it as a loaner?

Report it stolen.


How do you know if your car has been stolen or repossessed?

RepossessionCall your local dispatching service for your law enforcement. The Repo man is required to report the repo immediately to them. You could also call the bank or company that has financed your loan. In Illinois, we are required to report repossessions immediately to the police. In some cities, the police want to know BEFORE we repossess. So when you call your local P.D. to report your car stolen, they can let you know if the car has been repossessed.


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

i would report it stolen. if the payments are made the loan company can and probably will come after you for the money. If you report it stolen to the cops you can at least report it to the insurance company and the loan company and that should remove your responsibility.


Can a repossessed car be reported stolen?

No


Can a reposessor report a car stolen if he does not have it in his possession?

If it is really stolen by someone and not simply in possession of the lendee. The owner of the vehicle is the only one who can report a vehicle stolen, not the lender. But if the car is taken to the tow companys and yard and is now "missing" then the tow company can report the missing car since they had it in their possession. The first place the police will come to though is your house. The police will not come to your house it is a civil matter.The tow company cannot report the vehicle stolen it is not their vehicle to report stolen.


Who to call if your car was impounded?

Call the police department of the city/town from which the vehicle was towed. Repo companies MUST report the license tag number of repossessed vehicles so that if the owner calls to report them stolen the police will not enter them into the stolen vehicle database.


Whose insurance company do we report to if the vehicle that was stolen was borrowed from a friend?

You should report the theft immediately to the police and to the car owner's insurance company.


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

No


What are your rights when it comes to a car that just has a payment for half of the remainder owed and the private party it was being bought from has repossessed it for personal reason?

If the repossession occurred in a state that does not permit self-help repossession, report the car stolen; it cannot be legally repossessed. Louisiana and Wisconsin are two of these states. If you can show legal possession of the vehicle, and on time payment, report the car stolen. It cannot be legally repossessed in any state unless the debt is delinquent. If you do not wish to involve LEO's immediately, contact the private party who "repossessed" the vehicle and explain that if it is not returned within a reasonable amount of time, that you will report the vehicle stolen and give his name as the party responsible. There is no legal "personal reason" for repossessing a vehicle.


Can you register a car being repossessed?

The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..


Can a rental car company report the car as stolen?

Absolutely, if their car is not returned when stated in the rental agreement, the car is and will be reported stolen.


How do you know if your car has been reported stolen by the lender?

ask a cop to run the license plate on their computer If it is still in your possession, it has not been stolen and anyone who files a police report saying it has been is commiting a crime. However, if it has already been repossessed and disappears from the storage lot, it HAS been stolen and the lender or repo agent will report it.


Your car was repossessed with your belongings in it Can you consider them stolen and call the police?

You can. They probably won't do anything. Call the loan company to see where you can get your things or they will mail them to you.


They repossessed my truck but are now saying they didn't what can I do to prevent myself from going to jail for hiding a truck I know they repoed?

If you aren't hiding it and they didn't repossess it then it has been stolen. Call the police and report that your truck has been stolen.


What do you do if you loan your car to someone and they don't return it Can you have the car repossessed?

You send them a certified letter demanding return of the car within 3 days. If no response, report it stolen.


How do you know if your car was repossed or stolen?

In most states a repossessor must notify the police when they repossess a car. Contact the police to file the report and they will know if it was properly repossessed.


Can a repossessed car be reported stolen if you can't find it?

If you want to be charged with making a false report on top of losing your car. If it has been repossessed legally, you have no real claim on it and aren't supposed to find it. Pay what is owed on it and whoever has it must produce the car.


Your car was stolen in Texas who can help?

Call the cops. File a report. Call your insurance company.


Can the lease company report the car stolen?

Only if the car was actually stolen. Nonpayment isn't theft (a criminal matter), it's a civil matter.


What if someone takes your credit card?

Report it to the card company as stolen, as soon as possible ! You are liable for all transactions on your card - unless you report it stolen. Once reported, your liability for any further transactions ceases.


Can a finance company report your car as stolen?

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


How long can you wait to report stolen vehicle?

It is you duty to report it as soon as you discover the theft. If for any reason you can not do this, then you should do so as soon as you reasonably can. Failure to report the theft immediately may be taken into account by the insurance company considering any claim you may make for the stolen vehicle.


Who do you report stolen birth certificate to?

You can report it to the police.


Can report car stolen if customer don't return the car rental?

Yes. If a customer refuses to return a rental car, the company may report it as stolen. The police will come looking for it (and you), and you may be charged with grand theft auto. The company will consider this an extreme step, and they will try to negotiate with you before doing this because it's a huge hassle for the company.