Legal Question in Credit and Debt Law in California
auto loan default, what can they do to legally recover it
my brother has defaulted on a car loan , high intrest rate 22% hard money lender they are trying to repo the car he is not return car he is hiding it what can happen to him if he gets caught with it? Can they really issue a warrant for his arrest? And for what charges?
Asked on 8/07/06, 9:52 pm
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: auto loan default, what can they do to legally recover it
They can file a lawsuit and get court order for the return of the vehicle. If he disobeys a court order, he could be held in contempt.
Answered on 8/07/06, 10:09 pm