Can a charged off vehicle be reported stolen by creditor?
964154
Even if the loan is charged off the creditor can still reposses the car, because it was offered as collateral.  Basically a charge-off is saying the loan is in the worst state possible for your credit reporting.
157750
Get a credit report....If it is not on it , it was probably paid off
94932
The charge off account could be sold and buyer of the account could try to collect it legally.  And they would be entitled to do this.  So it can be collected until the statute of limitations runs and this varies from as little as 4 years in some states to as long as 10 years in others. Interest can accrue this entire time even if the original creditor charged the account off.  Accounts beyond the statute of limitation are called "zombie debt" and you can challenge collection of these under the Fair Debt Collection Practices Act.
506200
If they left with out paying for gas and all they left behind was a card then most likely it was stolen!   But why didn't you guys called the cops??  You should have made a report that such person w/ this type of car came provided a possible stolen card and left w/ out paying for the gas...   \n\nFor all we know this individual may have committed a worst crime minutes earlier! Also, in the future you should write down all license plate #'s down in case this ever happens again.
57914
I was actually in this situation.\nI went in and told costumer service, and they called for the owner of the vehicle to come to the front desk.  After several pages, they never showed up, so they called the police.\nI'm not sure what happened after that.
293115
According to the ICICI Web site, post reporting the theft (and assuming your card has a Visa, Mastercard or Amex logo), your liability is 'Nil'.  I assume that means no liability.  Pre-reporting, then, is implied to mean full liability.  So, when your card was lost or stolen until you reported it, you appear to be liable.\n\nHowever, if your card has a Visa, Mastercard or Amex logo, you may be able to call any of these three companies and make a complaint against the bank.  Visa and Mastercard (and probably Amex too) require banks to comply with certain provisions of the card in order to issue cards with their logo.  So, contacting these companies may help you if the bank is in the wrong.\n\nGood luck.
47914
They will eventually sell it to recoup the costs of towing and storage; if it is in a private impound lot it is usually after 30 days. It is still possible that you will be liable for any charges that are not covered by the amount of money your car brings at auction. They might be able to have an action against you in civil court. Don't think that they can do any criminal charges.
839179
First, get the title in your name.  The person who sold you the car can get a duplicate title and then sign it over to you.  Always transfer ownership when purchasing a vehicle as soon as possible (20/20 hindsight for you, but good advice nonetheless).\n\nThe vehicle should be reported stolen.  You should have contacted the police by now and told them the entire story , or perhaps the legal owner of the car (the person on the title) should report it stolen.\n\nThe towing company should have some records of who they released the car to, but those records are not public.  The information is released to the police though.\n\nBe aware that other factors may come into play.  I own a towing company and once had a motorcycle in the impound yard.  Three different people claimed that it was their motorcycle, and one of them even had a title (it was invalid though).  It was not released to any of them, and eventually I received a call from the person that legally owned it.\n\nBest of luck in recovering your vehicle.
1136916
When a lender "charges off" a loan, it simply moves it from an earning asset on it's balance sheet, to a non-earning asset and recognizes a loss on it's income statement.  It does not mean that the debt has been forgiven and the lender will mostly likely continue to work the account to recover all or part of their loss.\n\nDepending upon the balance of the loan and the collateral, the lender may sell the account to a collection agency, or simply decide not to bother with further collection efforts.  In the case of the former, you may wake up one morning to find the car has been repossessed.  In the case of the latter, you will be able to use the car until it's of no use to you  and then abandon it... you will not have a clear title to the car, and thus will not be able to "legally" sell it.
647512
Simply put, yes. HOWEVER, they must have a CURRENT business relationship with you. Because they are collecting an alleged debt they have permissible purpose to pull your credit without your permission. The law protects you from abuse which many collectors will do so monitor your reports closely. Abusive practice could be excessive pulls. The only purpose it serves to pull your credit excessively is to poison your report. If they are running your credit but not reporting they are checking to see if you have applied for new  credit or may have purchased new assets. Send them a debt validation letter immediately. If they fail to validate the debt and continue to run your credit it is considered continued collection activity which violates the Fair Credit Reporting Act. If they do not validate the debt then also follow up with a non permissible purpose letter that informs them that they failed to validate the debt. Therefore, they do not have permissible purpose to run your credit. They must remove those inquiries or they are in violation.
849789
Yes,  As long as it was during the commission of a crime.  in your example a vehicle, and you were driving that vehicle, stopped and arrested.  If the police were to impound your vehicle, conduct an inventory of that vehicle to record everything you had in that vehicle as your property and found 20 pounds of dope in the trunk, they have every right to charge you for the dope.   \n\nNow if your vehicle was found abandoned on the side of the road and the police towed it,  I dont believe that the police should pop open your trunk.
757998
Yes, you should file a police report.  While the police will most likely not go on a manhunt looking for the person who stole your debit card and any other things that may be missing you will receive a copy of the report.  Your bank may request to reverse any unauthorized charges that may appear on your account.
525768
If you are both on the title and the vehicle is being paid for he can't repo your car.  If the payments are behind on the car and he is a co-signer he can have the car sequestered from you.  More importantly, if you are behind on payments and the finance company is after it, you'd better give it up.  Its called a Writ of Sequestration, a constable comes and gets it and if you don't turn it over you get to go tell a judge why your not giving it up.
17094
Credit reporting agencies are required to research possible inacurate information. If information cannot be verified, it must be removed. If they can prove the information is real, I would be concerned that the item is from identity theft. If it is from a delinquent payment that was made on-time, that is something that you have to take up with the creditor, since their records will indicate it as late and will inform the reporting agency that when they verify it. If you are unable to reach a resolution, you may file a complaint with your state's Banking Department.
110350
Get a copy of your credit report.
55802
If you don't they will require a cosigner.  Do not purchase the vehicle if you can't pay for it.  It will only cost you more in the long run.
320572
If it is on your credit report it should have a phone number or address to contact them. If not just dispute it and have it removed. If you can't contact them neither can the credit report company. Poof it will be gone.