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It depends on how long overdue the payments are. If you are hiding your own bike and not paying the notes while concealing the bike from the bank, it is a felony. I'm not sure if it's fraud or some type of theft. Technically, after a certain period of being overdue, you are considered to have defaulted on the loan and the bank can press civil and criminal charges against you. An arrest warrant would be served by the sheriff
What else can I help you with?
Can a consumer legally hide a motor vehicle in repossession?
No you can not "legally" hide a vehcile being sought for repossession. In most states you can be charged with a felony for hiding one.
Is it illegal to hide a vehicle in Utah if facing repossession?
No.
If I missed five payments on a motorcycle can I pay them late and avoid repossession?
Up until the time that your motorcycle is actually repossessed, the dealer will be happy to receive your payments, even if they are late, and will allow you to keep the motorcycle. But if you wait too long the repossession will happen.
What can happen if you hide a vehicle from the repossession agent in Mississippi?
repesession
Is it illegal to hide your car from repossession in the state of Idaho?
YES! Don't hide your car from the police it's very bad.
What happens if you hide a vehicle from repossession in colorado?
You are guilty of grand theft auto.
Can your motorcycle be repossessed if it has a lock and chain on it?
Certainly. This happens quite often. Repossession agents have the means to pick the motorcycle up and place it safely on a flatbed.
Where are motorcycle repossession auctions?
all over the U.S but there are some happening in michigan, cedar Right now.
What happens if you hide your car from repossession in Iowa?
Eventually you will be court orderded to give up your car, and plus with a repossession, you will ruin your credit report and they will do a wage garnishment eventually.
If you call your motorcycle lender and tell them to come and take the motorcycle because you can't afford it anymore will that go on your credit as a repossession?
The same thing. A repo is a repo. Your breaking the contract.
If I voluntary give back a Motocycle for repossession will you have to pay the total owed on the loan to take back the motorcycle?
Probably.
What can happen if you hide a vehicle from the repossession agent in NewYork?
after a legal process the lender can both sue and have you arrested.
