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Can the owner report the car as stolen when the co signer has it?
Wiki User
∙ 15y ago
You can report it stolen but they wont do anything once they find out a co owner has the car. They cant steal a car they own.
Wiki User
∙ 15y ago
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Is it unlawful to borrow a car for a couple hours and not return it after 24 hours and dont contact the owner of car?
The risk you run in this situation is that the owner will report the car stolen. The owner would be within their rights to assume the car was stolen and proceed as such.
If a stolen car hit a parked car can the stolen cars owner not be held responsible even if a police report for the stolen car was placed after the hit and run was filled?
Assuming the stolen car was insured, the stolen cars insurance would be responsible. If the stolen car was not insured, the driver, if located would be responsible. If not located then the owner would probably be held responsible. Hopefully the struck vehicle is insured for "uninsured motorist" coverage. Filing the report after the accident would document the theft, but not neccesarily clear the owner of responsibility.
Can they report your car as stolen if they haven't succeeded in repossessing it?
rport it stolen?? Who will take the report?? Barney Fife??? NO, cause its NOT stolen. The 'stolen" line is a sure sign of a LAZY repoman. Or an uneducated repoman who believes everything they hear. How can you "steal" your own car? The lender CANNOT report the vehicle stolen. You, as the registered owner, are the only one who can make that report to the police.
Can you report your car stolen even if the person with the car owns it with you?
Whoever's name is on the registration is the legal owner. If the person is co-signer on a loan, your spouse, guarantor on the loan, or named on the registration or insurance policy, then you might be charged yourself with filing a false report. You may be able to report the incident as "unauthorized use of a motor vehicle" instead of theft.
Can the owner report the car stolen when the co-owner has it but is driving the car on suspended license?
No. A co-owner is one of the owners. If he's an owner it is obviously not theft. If you file a theft report against an owner you could be jailed for filing a false police report. Also, if the driver is stopped the car will be impounded resulting in costly fees and fines.
Can a parent report a car stolen if their seventeen year old runs away but the car is in her grandfathers name and he refuses to file it as stolen?
The police will not take a stolen vehicle report if the automobile's owner handed the keys to the individual. It is a civil matter in this instance.
Can a co-signer repossess a vehicle if a sibling is not making payments?
The co-signer is typically a person who signs for the car loan; the co-signer may or may not be listed as a co-owner on the title. If the co-signer is also a co-owner, the co-owner who is paying the loan can legally take the car. However, if the co-signer is not a co-owner, taking the car would be grand theft auto. Incidentally, if the co-signer is not also a co-owner and the loan falls into default, both the signer and the co-signer will be identified in credit reports as defaulting on a car loan, even though the co-signer did not have or use the car.
Can you report a car stolen if you are the registered owner and your ex is not making payments and wont tell you where the car is?
ya its your car, your name is on the title and someone has taken it from you....i think i defined a stolen vehicle right there
Can a parent report a car stolen if their seventeen year old runs away but the car is in her name?
only the registered owner of the vehicle can report it stolen. If the kid took off with the parent's car, it is still not stolen...it's considered "taken without permission" because it is known who has the car. this can also be reported to the pd.
Whose insurance company do we report to if the vehicle that was stolen was borrowed from a friend?
You should report the theft immediately to the police and to the car owner's insurance company.
What if you report the car stolen and its not?
You are committing a crime if you knew the car not to be stolen.
Can a co signer sue the car owner?
Generally, yes, assuming that the "car owner" is the person who took out the loan that was co-signed AND that the owner defaulted on the loan and the co-signer was forced to pay the balance of the loan. Typically, the main borrower, i. e. the car owner, is primarily liable for the loan while a co-signer is only secondarily liable. This means that the co-signer has no obligation to make payments unless the primary borrower defaults. In most contracts involving co-signers, the contract will have a provision that if the co-signer has to pay on behalf of the primary borrower, then the primary borrower must indemnify the co-signer. If the primary borrower refuses to pay the co-signer, the co-signer can sue the car owner to recover what he paid for the car owner.
