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 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.
The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..
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.
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.
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).
That could be a stretch, but you can possibly be charged with knowingly having stolen property and not reporting it.
No they can't. It is strictly a service to recover vehicles that have been reported stolen.
No, as long as you have let your insurance company know they car is stolen.
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.
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
If they only have an order of repossession of the truck, then no. Otherwise, the trailer and backhoe would be considered stolen.
no unless there is some exclusion. (read the fine print)
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.
Tell them to give it back, call in a recovery/repossession agent, report it 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.
No. You won't be returned a firearm which has the serial number removed.
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.
Read your policy.
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.
Your provider & report stolen, so you are not paying for the theifs calls.
unfortunately, to prevent giving games to other people without paying, you cannot. you will have to pay again.
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.