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What legal consequences can you face for not returning a vehicle under repossession?
Wiki User
∙ 17y ago
If you're supposed to surrendeer the vehicle and don't you can be reported for grand theft auto, which is a felony crime.
Wiki User
∙ 17y ago
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Is it legal to keep a vehicle in my garage to avoide repossession?
No, it's NOT legal.
Is it against the law in Oklahoma to hide a vehicle from the repo man?
Yes, it is against the law in Oklahoma to intentionally hide a vehicle from the repo man. Doing so can lead to legal consequences and even criminal charges for obstructing repossession. It is important to comply with the repossession process to avoid legal issues.
What are the vehicle repossession laws in Arkansas?
Vehicle repossession laws in Arkansas is the same there as it is in every other state. One must pay his loans or risk facing legal action from the one that one has borrowed from.
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.
How do you get a legal order to repossess a vehicle in Oregon?
Present proof of your ownership and the lien contract to court and get a repossession order.
What are the debtor's legal rights under a vehicle repossession?
You have 45 days to pick up your property from the vehicle. That's it. They can tow from your home, work or anywhere else they may happen to find the vehicle.
Can a repossession agent cut locks or cables to obtain a repossession?
if i understood what i have been told they can not destroy your property to obtain the investment they are repossessing.The recovery papers are to obtain legal possession of the vehicle mentioned in the orders.
Repossession laws for recreational vehicle in ny?
In the state of New York, provided there is a legal order for repossession, once the vehicle is located, it may be secured and recovered. The repossession agency has 24 hours to notify the registered owner of the repossession, but they are only required to do so by mail, and may do so to the address of record on the registration. They do not have to notify anyone at the time of repossession other than local law enforcement of jurisdiction. They must inventory and secure any property contained in the vehicle, and may charge a storage fee for that property.
Can a repossession agent take a vehicle without waiting for the borrower to show proof that payments have been made?
Yes. It is perfectly legal for a repossession agent to take possession of a vehicle when they are acting on behalf of the lender. The repossession agency does not have the option of allowing the borrower to retain the vehicle even though proof is presented that payments have been rendered. Such issues are strictly between the borrower and the lender. The lender and/or court being the only parties that can rescind the repossession action.
What will happen if you have been concealing your vehicle from repossession for over three years?
The lender has the option of foregoing repossession and filing a suit against the borrower for the amount owed plus interest, applicable fees and legal costs.
What are the laws on Repossession breaking and entering?
Repossession agents can enter a property to repossess an item if they have permission to do so or if the property is not under the control of the owner. They are not allowed to engage in breaking and entering to repossess an item. If a repossession agent unlawfully enters a property, they can face legal consequences.
Car repo's in North Carolina?
Perfectly legal, so long as they follow "peaceful repossession". If your vehicle is being repossessed, you may have some rights. For example, you may prohibit repossessors from carrying arms on your property, but ultimately, if they have an order of repossession for that car, they have a legal right to take possession of the vehicle they are there to repossess. They may not open locked doors or gates, or enter any vehicle other than the one they're repossessing.
