WHEN your car was stolen or how many other cars you have bought doesnt really matter to the bank. You will pay the balance due on the contract one way or the other. good Luck
Having the car stolen doesn't matter. Loans are issued by banks--not insurance companies.
You are responsible for all loans to the penny. In your case, your only recourse is if you had comprehensive insurance...
An APB, more commonly called a BOLO, will be issued automatically when you report the vehicle stolen. If you have already done that, then there is nothing more you can, or need to, do. If the vehicle isn't stolen (or of interest), an APB will not be issued.
Yes, that will appear on the report.
He will report it as a stolen vehicle.
Report it stolen to the police.
Yes, of course.
You call you local non-emergency number. Police if you live in the city limits, County Sherrif if you live in a rural area. The Dispatcher will direct your call, Just say " I want to report a stolen vehicle. Repos are NOT stolen.
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.
You cannot go to jail unless your are hiding the vehicle where the bank cant get it then they can report it stolen and if you still have you can go to jail.
rport it stolen?? Who will take the report?? Barney Fife??? NO, cause its NOT stolen. The 'stolen" line is a sure sign of a LAZY repoman. Or an uneducated repoman who believes everything they hear. How can you "steal" your own car? The lender CANNOT report the vehicle stolen. You, as the registered owner, are the only one who can make that report to the police.
Yes, you can report your car stolen if your girlfriend took it without your permission, as it would be considered unauthorized use of your vehicle.
Report it stolen.
Yes, you can and should.