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

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Q: What if your car is about to be repossessed but it gets stolen who is then responsible?
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Related questions

Who is responsible if a car gets stolen from a car dealer?

The person who stole the car.


Can you be held responsible for repossessed car if co owner had possession of car?

yes you will be responsible.


What to do if your car gets repossessed in SC?

walk


Who is responsible when your car is being repossessed in Pennsylvania?

The owner of the car (person(s)) who took the loan on the car are responsible


Can a transfer of responsibility be made after car is repossessed?

No. Your car gets repossessed, it's on you. You don't get to pass that on to someone else.


What happens if your car is stolen prior to being repossessed?

Your insurance would be responsible for the value of your car, minus the deductible. Make sure you have a police report and a very good alibi as you could be a suspect for the theft.


Can you retrieve personal belongings from a repo car?

Yes you can retrieve personal belongings from your car if it gets repossessed. By law you are allowed 7 days after your car gets repossessed to retrieve your personal belongings.


Can a car be repossessed if the owner dies before the first payment is due?

The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.


How can you find out if your husbands car was repossessed or stolen?

IF your nae was NOT on the paperwork, you may have a hard time finding out. If it IS, then call the lender and ask about YOUR car. Or call the PD where it was alledgedly stolen.


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 you find my car by the VIN if it was stolen or repossessed?

There are certain strict procedures that an automobile repossessor must follow when he is repossessing your car. The repossessor must notify the police that such vehicle is being repossessed, you did before or after the repossession has occurred. In either case, the police should know right away that the vehicle was repossessed. If this is not the case, then the vehicles like to have been stolen.


If a stolen car hit a parked car can the stolen cars owner not be held responsible even if a police report for the stolen car was placed after the hit and run was filled?

Assuming the stolen car was insured, the stolen cars insurance would be responsible. If the stolen car was not insured, the driver, if located would be responsible. If not located then the owner would probably be held responsible. Hopefully the struck vehicle is insured for "uninsured motorist" coverage. Filing the report after the accident would document the theft, but not neccesarily clear the owner of responsibility.