What Happens If U Hide Your Car From Repossession

So, if you hide your car by parking it behind your house or garage, or in the woods on your property, the creditor might still be able to find it and repossess it. In addition to taking the car, the lender can still charge you for hiring the recovery company and any storage fees that your vehicle incurs (since most repo’d vehicles are stored before they’re sold at auction).

Consequences Of Hiding Your Vehicle From The Repo Man Auto Credit Express

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.

What happens if u hide your car from repossession. So, by locking your car in your garage, you can keep it from repossession for a while, but creditors eventually will pursue legal action against you in the form of replevin, which means they will seek a court order compelling you to turn over the car. You’re still responsible for the remaining loan balance after the auction sale proceeds are put toward the balance, called the deficiency balance.

Is Your Car In Danger Of Being Repossessed Edmunds