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What is the code section index regarding hiding collateral in Georgia?
Wiki User
∙ 18y ago
16-8-2. A person commits the offense of theft by taking when he unlawfully takes or, being in lawful possession thereof, unlawfully appropriates any property of another with the intention of depriving him of the property, regardless of the manner in which the property is taken or appropriated. Browse the GA code and see what you find http://www.legis.state.ga.us/cgi-bin/gl_codes_detail.pl?code=16-8-1 "take " is a powerful word . how can you take somthing that you already had-- since your guys reposses cars it would seem that you are also in violation of this code section - try another code section please- one that specific to the topic at hand of hiding secured collateral- many of you have quted this code section , however I cand find it anywhere in ga code-- Repo man get on your game- you really should know the law before you steal a car. Look up "hindering a secured creditor" in the GA code. Also notice the section quoted where it says "regardless of the method of taking". i dont think you will find case law supporting that there is NO right to repo in GA. Good Luck
Wiki User
∙ 18y ago
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What is the meaning of harboring your collateral?
that is protecting or hiding your assets
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In Georgia can you be arrested for hiding your vehicle from the repo man?
I feel sure that the state will not get the collection field
If you are avoiding repossession by hiding your car is it still considered repossession?
that's like saying, "I was speeding, the cop couldn't see me cause I had MY eyes closed". If you are in default of the contract, you are liable to be repoed. Simple and to the point. In most states, concealing(HIDING) leined collateral is a FELONY.
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Can a repo man or lienholder report a car as stolen if he can't locate it in Nevada?
Stolen?? NO. Report you for hiding the collateral??? Maybe. Cars havent fell off the face of the earth since CC found out it is ROUND. Someone knows where that car is.
Can you hide your car from being repossessed?
According to the repo handbook, any debtor purposely hiding collateral from the bank to defraud them is illegal and you can be arrested when summoned to the court. I am a Repo man, and even if you hid thecar, no matter what eventually you will slip up and we will get the car...
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