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Can a vehicle finance company repo your grand fathers car if he dies?
Wiki User
∙ 13y ago
yes, if he still owed money on it; then yes, they can take it. It doesn't belong to your grandpa until it's paid off and he has a title.
Wiki User
∙ 13y ago
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Can a repo agent be charged with grand larceny?
Only if they do not have the correct paperwork from the finance company whom has the right to repo the vehicle.
What are Florida laws on selling a vehicle the repo people are trying to find?
You are essentially committing Grand Larceny if you do this and could face some serious time in custody. When you signed the contact for the car, you promised to repay the loan to the bank/finance company. You also promised that they could take the car back if you forfeited on the loan. (It's there in the contract, just read it) By sending the car to salvage you are depriving the bank/finance company a vehicle they have a legal claim to. That's Grand Larceny in any court in the land. Call the repo man. Tell him where the car is. Let him take it. Let the finance company sue you for the outstanding portion of the loan. It's sure beats looking at the world through bars and wire mesh and having a felony conviction with you the rest of your life. You are essentially committing Grand Larceny if you do this and could face some serious time in custody. When you signed the contact for the car, you promised to repay the loan to the bank/finance company. You also promised that they could take the car back if you forfeited on the loan. (It's there in the contract, just read it) By sending the car to salvage you are depriving the bank/finance company a vehicle they have a legal claim to. That's Grand Larceny in any court in the land. Call the repo man. Tell him where the car is. Let him take it. Let the finance company sue you for the outstanding portion of the loan. It's sure beats looking at the world through bars and wire mesh and having a felony conviction with you the rest of your life.
Can you be criminally charged for not turning in a vehicle for repossession to the loan company?
Possibly. If you hide the vehicle they could charge you with GTA. Grand Theft Auto. Remember, they own it and you don't.
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