Schedule a Free Consultation to Deal with Your Car Repossession in Georgia
Creditors can attempt to repossess your vehicle if you default on your loan. If you are on the verge of repossession, your first instinct might be to try to hide your car from the repo man. The reasoning is pretty simple: if they can’t find it, they can’t repossess it. However, this tactic is unlikely to work and likely to make the situation worse.
Hiding a vehicle can cause civil or criminal penalties.
Hiding your car only temporarily alleviates repossession and is not recommended. If you attempt to hide your car, your lender will most likely file a Complaint for Personal Property Foreclosure and obtain a court order requiring you to turn over the vehicle. Because it’s collateral on a secured debt, they have a right to repossess it if you don’t pay the car note on time. So, hiding your vehicle to prevent Georgia repossession is not a good idea.
Don’t Play Games with the Law.
If you want to keep your car then you need to either work out a repayment plan with the car creditor or file Chapter 13 to restructure your car loan in bankruptcy.
Schedule a Free Consultation to Deal with Your Car Repossession in Georgia
