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What can happen if you hide a vehicle from the bank for non payment?
Wiki User
∙ 10y ago
This all depends on where in the world you are and the kind of agreement you signed up to. As a rule of thumb the bank owns the vehicle until all your payments are paid off. If you do not make payments your obligations with the bank include returning the vehicle to their vehicle collection personnel.
With this in mind, Hiding the vehicle from the bank could be classed as theft so criminal proceedings could be taken out against you. Many finance companies and some banks are now insisting that Tracking devices are fitted to vehicles for the full term of the finance agreement. Hiding your car from them would be almost impossible.
Wiki User
∙ 10y ago
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Is it possible to hide a payment on your credit card?
No, it is not possible! the bank will find you!!
What can happen if you hide a vehicle from the repossession agent in Mississippi?
repesession
What can happen to you in NC if you hide your car from the loan company?
That would be theft of vehicle.
In the state of Georgia can a warrant be put out for the arrest of the buyer after one payment is missed on the vehicle?
Highly unlikely after one missed payment. But if you miss three or four payments AND hide the vehicle from the repo man, it is possible.
What can happen if you hide a vehicle from getting repossessed in Michigan?
I'm not too sure, but good question!
What can happen if you hide a vehicle from the repossession agent in NewYork?
after a legal process the lender can both sue and have you arrested.
What can happen if you hide a vehicle from the repossession agent in new york?
You will get arrested because the government can track you down. BEWARE!
Can you sell your car to a buyer and use the money you make to pay off the bank for what is still owed on the car?
If the buyer knows what you intend to do. Any smart buyer is going to want to look at a clear title before he/she makes any kind of payment to you. It is something you can't hide from the purchaser, but you can hide it from the bank.
What would happen if someone drove off in the car while it was being repossessed?
It depends on who did the driving. If it was the Repo guy, that's the way it should happen. If the person who THOUGHT they still ownd the car drove it off, they are stealing it. Once the judge drops the gavel, the vehicle belongs to the bank and if you try to hide it or keep it after an authorized agent of the bank shows up, you're guilty of auto theft.
How can you hide a certain bank statement online from your wife?
If your wife has access to the online account, there is no way to hide the bank statement.
Is it illegal to hide an auto when it is scheduled to be reposed in Wisconsin?
If they signed a contract with the car dealer and they failed to make payments, then the car dealer or bank who ever has the title is legally entitled to the car for lack of payment. So yest it is illegal to hide a car that is going to be repossessed.
Is it illegal to hide a vehicle from repo?
yes
