YES, concealing mortaged property is a felony in most states. It is one of the lenders many legal options.
Yes, it is a felony.
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.
no unless your not apart of a the program
yes,you may be catched by cops.
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.
yes you can go to jail for stealing a car,
No, the lender can not have you put in jail because they have a lien on you car. They can press charges against you in many states if your vehicle is up for repossession and you attempt to hide it or hinder the agency hired to secure it from recovering your car. Or, if the lender secures a replevin and you still refuse to turn over the vehicle, you will go to jail then for contempt of court.
When you go to jail, your house and car may be affected depending on your specific situation. In some cases, you may be able to keep ownership of your house and car while in jail, but you may need someone to manage them for you. However, if you are unable to make payments on your house or car while in jail, you may risk losing them through foreclosure or repossession. It is important to make arrangements for someone to handle your financial responsibilities while you are incarcerated to protect your assets.
It is against the law to hide your car from repossession in every state. It is called fraud, interfering with repossession, auto theft in some states. In Indiana it is routinely dealt with by replevin, an order from the court to surrender the property or go to jail and surrender the property.
contact repossession companies or car dealerships in your area
Yes, and not just Virginia, but in any state. If you stillowe money to the finance company for the car, they can arrest you for "Concealment ofProperty for Security Interest". This can happen even if they have alreadyrepossed the car.
A repossession on your credit is NOT GOOD. Avoid it if there's anyway possible. You say the car is SOLELY in your name?? GO GET IT and sell it.