It's not illegal, but it won't stop the lienholder from filing in civil court if they're unable to recover their property.
Repossession is what is commonly thought of as a "REPO". A self-help repo is permitted by most states. "Writ of Replevin" is the other legal option that a few states require to do the same thing. The state makes money by requiring the Replevin. BOTH have the same effect on your credit. A repo is where a lender contacts someone to pick up the vehicle. You, at that time, do NOT have to surrender the vehicle. A "Writ of Replevin" is where the lender gets a court order signed by a judge for you to surrender the vehicle. It will be served by a Sheriff's officer, with the repo man in tow, and you will then have to let them take the car. Otherwise, you are in contempt and it is not worth it to defy a court order. That is the only time you have to surrender the vehicle.
Under Federal Law: A Repo Must Be Done In A Peaceful Manner. In NJ Repomen Must notify The local Law enforcement of their intentions But still abide by the laws of the state. Notification of local police is a courtesy in The Garden State, not necessary.
YES! reposession is a civil matter, reposession men have been sued over cases like this and lost. He should have approched you and stated he's there to repo the car because your behind on payments and if you declined, he should have left and came back later to get the car.
If you can prove it's yours (title, payment book, registration is in your name, etc) then the police or constable are often willing to go to the property with you to keep the peace, while you load up/start up your vehicle and leave. If that's not an option, but you can prove it's yours, then hire a repo man, (look for "Asset Recovery") or ask a beater car lot or small bank who they use for repo's. Expect to pay somewhere around $300 for the repo, and be prepared for some minor damage.
Once the vehicle has entered into reposession, it becomes the property of the lender. If you fight or otherwise refuse to turn over the vehicle, it could be considered breach of peace. FYI, when the repo man shows up, the vehicle isn't yours any more.
yes
He will report it as a stolen vehicle.
A repo worker does not normally pick up a vehicle unless he has an order from the lien holder (usually the creditor who financed the vehicle). If you own your vehicle outright with no liens against it, the repo person probably picked it up by mistake.
No, otherwise people would hide the vehicle, move it into a garage, etc.
If your lien holder repo's your vehicle, they can file a claim against your insurance for damage to the vehicle. The repo company itself would have no claim, because it's not their vehicle.
No.
A long time if you hide it well!
It'll be reported stolen. So yes, you can. So long as there's a lien against the vehicle, it belongs to the lienholder, and they have a legal right to reclaim their property. If you try hiding it, you're committing theft.
It will be reported stolen.
Highly unlikely after one missed payment. But if you miss three or four payments AND hide the vehicle from the repo man, it is possible.
No, they cannot take a vehicle which is occupied at the time they hook to it. However, if you jump into a vehicle after they've hooked it, then they can't leave, but they can take legal action against you.
good luck hiding a vechile from the repo-man! they cantrack down a vehicle by using the vin number and plates. after they get a hold of the vehicle, you'll either go to jail or have to pay a really big fine