What Happens if the Repossession Agent Can't Find My Vehicle?
Perhaps you moved, or hidden your vehicle, or maybe it's just been many months and the repossession agent can't locate your vehicle. What happens then? Does that mean you get to keep the car for free? Do they eventually find vehicles? Will they start knocking on doors? Will they call the police and report it as stolen? These all all common questions that get asked when Wisconsin consumers are concerned about a vehicle repossession.
Can my Lender Repossess My Vehicle if They Can't Find It?
A key portion of vehicle repossession involves finding the vehicle. People often think if they've moved, their lender won't be able to find the vehicle. Nothing could be further from the truth. Given advances in technology, there are a variety of ways that repossession agents can locate your vehicle. A common method used involves companies that scan license plates and compile the data - which allows the repossession agents to figure out your living arrangements and travel pattens! We often see repossession companies use these technologies to locate vehicles at your place of employment, regular grocery stops, or even daycare or church.
What Happens if I'm Sued for Hiding my Car from the Repo Agent?
If your lender can't locate your vehicle to do a "self-help" repossession, they can still sue you for the vehicle. This will involve a small claims case, where the judge will order you to give the car to the lender. You might even be compelled to Court to provide testimony about the location of the vehicle.
Better Solution than Hiding Forever
Yes, there are better solutions then hiding your car (forever) from your lender and the repo man. Each situation is different, so take advantage of a free consultation with Attorney Nathan DeLadurantey. His prior clients can attest to his approach on the law and consumer rights. And, online scheduling makes it easy to locate a convenient time.
We provide representation for cases in Wisconsin, including Racine, Kenosha, Green Bay, Appleton, the Fox Valley, Milwaukee, West Allis, Waukesha, Walworth County, Dane County, Madison, La Crosse, Eau Claire, Superior, Ashland, and anywhere in-between.