repo company came to take my car but it was in garage. what will finance company do now.?

Answer 1

They will keep trying to repo the car. Call your finance company and see if you can work something out.

Answer 2

If the DEBTOR (you), with intent to defraud a creditor, sells, assigns, transfers, conveys, pledges, buys or encumbers a promissory note or contract signed by you the debtor;
A) Commits a class 3 misdemeanor if the amount owing on the note or contract is less then fifty dollars;
B) Commits a class 2 misdemeanor if the amount owing on the note or contract is fifty dollars or more, but less then two hundred dollars;
C) Commits a class 4 felony if the amount owing on the note or contract is two hundred dollars or more, but less then ten thousand dollars; and
D) Commits a class 3 felony if the amount owing on the note or contract is ten thousand dollars or more

For the purposes of this section:

A) “Security Interest” means an interest in personal property or fixtures that secures payment or performance of an obligation;
B) A person is presumed to have intended to hinder enforcement of the security interest or lien if, when any part of the debt secured by the security interest or lien was due and failed:
(1) to pay the part then due and
(2) if the secured party has made demand, to deliver possession of the secured property to the secured party, the rightful owner

DEBTOR refusal to return the secured property upon demand (MADE NOW) and default may be a criminal violation for which I (we) may be prosecuted.

Can you go to jail? Yes. I sent 7 people last week away to go sit and think about what is more important; The unit they want to hide, or their freedom. That was 17 hours out of my life I will never get back.

When demand has been made that's it. They have given the Maker (you) every chance to pay the back due amount. Things happen, we all know that. Job loss, is the number one reason people can no longer afford the unit, but it is not yours to keep until you have made that last payment.

The best thing you can do to save a lot of trouble that you can not afford is to call the repo company, take your stuff out of it, rempve the tags, and set it on the street for them t get. They will get it anyway, it is just much eaiser to set it out than it is for you to look for it at the mall or the store or at church, after they take it there.

Answer 3

The repo man has the repo order from the finance company. If you hide it in your garage he can take the order to the magistrates office and get a warrant to collect the car. Then he and the sheriffs dept. will come back to get it.
It may not happen immediately, but if you refuse to turn it over this is what can happen.

Answer 4

They will try again. You do not have the right to continue hiding a repossessed vehicle. Remember, it is not yours any more, and won't be unless you come up with the money to satisfy the finance company.

Answer 5

They will catch the car out and get it. it is there job and they know how to watch and who to get to let them know when you take it out. If you can not work it out with your finance company you might as well give it to them before they take it when ou are out somewhere.