If there is evidence of fraud, the person hiding the vehicle can be prosecuted and possibly even put in prison.
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
I'm assuming you are saying the Lien Holder cannot locate the vehicle? In many states the vehicle is not repossessed until the Lien Holder or their agent is in possession of the vehicle. Therefore normally you could not be arrested because they cannot locate the vehicle.
It can.
A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
only the last one counts
"YOU" dont, the debtor does. call the lender.
Once a car has been repossessed, you as the owner of the vehicle have the obligation to repay any amount still owed on the loan. Once a car is repossessed, it is often sold in a repossessed cars auction by the finance company. The amount which the car was sold for will be deducted from the total loan amount and then the difference will be owed by yourself. So yes you would have to pay the whole vehicle off if it was repossessed.
Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.
YES,, CALL the lender and find out HOW MUCH it will cost to do so.
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
Mary, the answer is NO. You will have to pay the balance due after the sale price has been deducted.