Best Answer

Because the lender repossessed the car from where ever it was after being totaled.IF you had gotten the car back after it was totaled, it couldn't have been a repossession.

2011-09-13 15:33:27
This answer is:
User Avatar

Your Answer


Related Questions

Does gap insurance cover a repossession?

Gap insurance only pays if the vehicle is totaled in an accident or stolen and not recovered. It does not cover the deficiency balance after a repossession sale.

If your car was stolen and totaled can the bank list it as a repossession and make you continue to pay insurance on it?

IF the car was stolen, reported as stolen to the cops, the ins. should be paying the loan off. IF the ins. co. does not think the car is stolen, they wont pay and its as if the car was NOT stolen. So, you have to pay notes and insurance on the collateral. Bottom line??? HELP the ins. prove it was stolen and the problem will go away. MERRY CHRISTMAS.

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 be charged with a stolen truck if you get behind on payments?

If they come to repossess it, and you claim to not know where it is, then the repossession agent will report it stolen. At that point, anyone found in possession of it is in possession of a stolen vehicle.

Will reporting your license plate stolen cause your insurance to go up?


Can a coowner report a car in repossession stolen inn Vegas?

No. Namely, because the car wasn't stolen - it was taken back by the rightful owner (the financier), via a repossession agent. It's not the financier's fault - nor the repo agent's - that you neglected to make your payments.

What can happen if you hide your car from repossession?

Well, it's not your car you're hiding. The financier is the one who owns the car so long as they hold the lien on it. They can do a number of things, ranging from taking you to court (if they feel it's worthwhile to do so) to reporting it stolen (if a certain set of conditions exist enabling them to do so, among which is you telling the repossession agent that you don't know where the car is).

Repairing or paying for property stolen or damaged?


If your husband has stolen property can you be held liable for not returning it?

That could be a stretch, but you can possibly be charged with knowingly having stolen property and not reporting it.

Can lojack be used for vehicle repossession?

No they can't. It is strictly a service to recover vehicles that have been reported stolen.

Do you have to continue paying your insurance if your car is stolen?

No, as long as you have let your insurance company know they car is stolen.

Can a car be reported as stolen because the loan went into default?

Can it? Yes, by the lender in some case. If the debtor is actively attempting to hinder repossession in many states, or if the vehicle is in possession of a third party who is not on the loan or vehicle registration, then a repossession agent may file a stolen vehicle report. Most will not, preferring to allow the lender to take such action instead.Can it be reported stolen by the debtor once repossession takes place? Often vehicles are reported stolen after repossession happens. However, this is a cautious area. Most debtors already know the vehicle is being sought, and law enforcement takes a dim view of filing false or malicious reports.

Can you get in trouble if someone gets in an accident using your plates?

You can But If the plates were stolen, you could but shouldn't, the key is reporting the plates stolen But If you lent them to a friend and the police figure it out you will

Can a backhoe and trailer be taken with repossessed truck?

If they only have an order of repossession of the truck, then no. Otherwise, the trailer and backhoe would be considered stolen.

If your car is stolen or totaled and you bought extra insurance with the purchase of the car will you be liable for the rest of the payments?

no unless there is some exclusion. (read the fine print)

Where do I go to recover a stolen laptop?

You can start a recovery process by reporting the theft to the police or whatever security that exists in the location that it was stolen. From there on, try offering rewards for the lost laptop.

How do you recover a car registered under your name borrowed by a friend?

Tell them to give it back, call in a recovery/repossession agent, report it stolen.

Is vehicle vin 1ftyr10d93pb57507 stolen?

If you know the registration number of this vehicle, you can check easily by performing a online police stolen car check by paying a little money.

Will I get the gun back after reporting it stolen with out now serial number?

No. You won't be returned a firearm which has the serial number removed.

Can a lender report a vechicle stolen while trying to repossess in the state of Florida?

In the event that the possessor of the vehicle is not a contracted party, or if the contracted party is actively seeking to hinder repossession, then yes, the lender can report the vehicle stolen.

What happens when someone not on your insurance drives your car leaves the keys in the ignition and your car is stolen will the insurece company pay if my car is totaled or can they refuse to pay?

Read your policy.

Your daughter will not return the rental car you let her use can you report it stolen?

Here is a frustrating legality If you report it stolen and she says you gave it to her then it was officially not stolen, you Will have to take her to court to get it back, in the mean time you are stuck paying for it, unless you can steel it back and return it to the legal owners who don't want it back so long as you keep on paying for it.

What number do you call about lost phone?

Your provider & report stolen, so you are not paying for the theifs calls.

You recently had your Wii stolen and bought a new Wii you had Wii ware on the stolen one can you get your old Wii ware onto the new Wii without paying?

unfortunately, to prevent giving games to other people without paying, you cannot. you will have to pay again.

What will happen to a security guard who has his gun stolen from his car?

Well, having it stolen is not a crime, but I doubt if he will be working as a security guard much longer. Not reporting the theft of a firearm to the police IS a crime in some jurisdictions.