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When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.

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βˆ™ 2015-07-15 19:48:03
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Q: If your car is up for repo but is stolen before you return your car what happens?
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Related questions

What happens if you hide your car from repo?

It will be reported stolen.


What happens when they repo your car and they shouldn't have?

If the bank made a mistake they will return the vehicle to you, the repo company is under a hold harmless and work the accounts the banks give them.


When repo man hits another car when repossesion a vehicle?

when repo man repossess the car and was in an accident before you can get it back, what happens


Does a repo show on your credit when you voluntarily return it?

Yes, a repo is a repo whether you give it up or they take it.


If you hide a car from repo man?

It gets reported stolen.


Can you hide your car from the repo man?

He will report it as a stolen vehicle.


If your husband left with a car that is only in your name and he will not return it can you take it back or repo it legally in Oregon?

IF the TITLE is in your name only, you can take it back OR report it stolen.


When your vehicle was stolen a repo guy came to take it told him it was stolen and filed for bankruptcy and since then 4 yrs have passed you never heard from repo guy again can they still repossess yo?

What exactly are they going to repo,you the vehicle was stolen and you no longer have it right, come on use the thing attached to your kneck.


What happens if you don't turn a car over to the repo man?

they will repo it


Could a truck be repossessed at 2 AM?

Danielle, VERY POSSIBLE. it is also possible that someone didnt get notified. Once GMAC assigns a repo, it will be on the hit list until GMAC closes the account with the repo co. There is NO time limit on when a repo is performed. Was it stolen??? Call the police and report it stolen. They will tell you if it was called in as a repo. Looks bad on you when you try to call a repo in as stolen. Call GMAC, they know if it was repoed. Good Luck


What happens after a repo man says he reported the car stolen?

If a finnancing reposesor has takin the car, and it was stolen from him. it would be listed as a stolen vehicle by the local police. when found would be immediately towed and impounded. until the "OWNER" of the car retrieves it.. Wich means the bank, or financing company that the car was bought from.


What would happen if the car that is to be repossessed doesn't exist anymore?

you will pay the balance that car would be worth unless it wasw reported stolen real early/ before repo

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