What Happens If You Hide Your Car From Repossession. What happens if you hide your car from repo agents? Therefore, you could hide your vehicle from them.
Usually, the price they get for it at auction will not cover what you owe them under the contract. But if the repo man forcefully takes your car out of your locked garage, you can pursue legal action because they’ve breached the peace. But if you routinely keep your vehicle inside your garage, it isn’t an illegal practice.
Usually, The Price They Get For It At Auction Will Not Cover What You Owe Them Under The Contract.
In some cases, lenders can disable your car by remote control so you can’t drive it until you clear things up. And in some states, doing this might be illegal. If you try and hide your vehicle from the repossession company, it may work for a short time.
However, If You Don’t Have A Locked Garage, And Your Car Sits In The Driveway, They’re Allowed To Enter Your Private Property And Take It.
This will cost you more money down the road. Therefore, you could hide your vehicle from them. This could ultimately cost you more money in the long run.
If You Are Hiding The Car From Repossession, You Technically Are Stealing The Car.
But if you keep the car locked in a garage or behind a chained gate, the creditor can't repossess the car because it would be breaching the. But if the repo man forcefully takes your car out of your locked garage, you can pursue legal action because they’ve breached the peace. Similarly, if you hide your car by keeping the car in a neighbor's driveway or at your place of employment, the repossession company can still legally get it, assuming they know where it is.
In Georgia, If The Car Creditor Wants To.
Once your car is repossessed, the car creditor will likely sell or auction the car off. Although trying to hide your car is probably not a good idea, you don't have to take intentional steps to make it easier for the repossession agent to get to it, either.if you've always kept your car in a locked garage, for example, you don't have to move it to the curb. But if you routinely keep your vehicle inside your garage, it isn’t an illegal practice.
The Finance Company Can Contact Dmv And Have The Registration Revoked And Report It.
It requires a lawsuit, but if the lender wins, they get a court order to collect the vehicle. If you lock your vehicle away and the recovery company is unsuccessful in collecting it, the lender can take you to court and attempt to get a replevin. With a court order in hand, a repo man can bring a law enforcement officer to.