Read your CONTRACT. Most major lenders contracts require their permission to do so or you're in default. State laws? YES. DEFRAUDNG A SECURED CREDITOR. What I am asking is what are the legalities for taking a car out of state that the payments have not been madedo to loss of job. If a forwarding address has been left and the car has been in plain sight the entire time.
If you're driving the car in Arkansas you follow Arkansas law YOU HAVE TO USE THE LAW IN THE STATE WHICK YOU LIVE
No, there is no buyer's remorse law on the purchase of any new car in any state. Once you buy the car it is yours, and it becomes a used car the moment you sign the contract and drive away. Some states may have such a law on the purchase of a used car, such as the California law, but not on a new car. There is however a lemon law in your state.
Depends on if your state has a lemon law, and what the specifics of the law state.
No, there is no buyer's remorse law on the purchase of any new car in any state. Once you buy the car it is yours, and it becomes a used car the moment you sign the contract and drive away. Some states may have such a law on the purchase of a used car, such as the California law, but not on a new car. There is however a lemon law in your state.
The only law in ANY state that you can use to return a car is the state Lemon Law. There is NO LAW in any state that allows a cooling off period or so-called buyer's remorse. Those laws apply to unsolicited sales, not automobile sales. You bought the car and you own the car. You cannot take it back.
Of course you do. Most likely it is required by your state law but even if it is not a state law, you need the coverage in case you have an accident.
Depends on the law of the state you are in- laws vary state to state.
For a car to be reposesed the car must have a lien of the license. This would occur if a loan is out on the vehical and contract is breached due to lack of payments. The other is if repairs are made to the car, usually the repairs exceeding the worth of the car, and payment is not made. The car must also be repossesed without objections of the current posseser. If the posseser objects then the vehical cannot legally be repossesed until the issue goes to trial. This is my understanding of the law in the state of Missouri and may be different from state to state.
Violation of Federal law to do so
It is possible; Wisconsin is a self-help repossession state. Hiding the vehicle is called hindering repossession and is comparable to auto theft. When you purchase a car by loan, you do not technically own the car outright. You own it cooperatively with the loan provider. When you default on your loan, you give up the rights you had to the vehicle, and via lien law, the loan provider now owns the vehicle. Therefore it is not yours to hide.
Depends on the state but for the State of New Jersey its a new law.
Except for those things excluded by state law, anything that is negotiable or that can be converted to cash.