I was just wondering can a creditor actually report my car stolen to the police stolen so they could repo my car?
I was just wondering can a creditor actually report my car stolen to the police stolen so they could repo my car?
If they're a creditor, they have a security interest in your car but you are the registered owner. So if they were to file a police report saying you stole the car, that would be "filing a false police report". Could it happen? Anybody can file a false police report, so it could. Is it legal? Is it likely? No.
thanks for the the previuos reply. I'm late on my car payment,I was just wondering until I could come up with the payment on it to get current,what is my best bet to get these creditor off my back, besides to file bankcruptcy....