Legal Question in Credit and Debt Law in California
After what time aprox. (months,years) a repo car that hasn't been recovered by the credit company,repo man etc. is declared stolen or the condition of the car changes from repo to theft.
1 Answer from Attorneys
It depends upon the lender, and when they decide that the car cannot be repossessed. I am not aware of any specific time-frame in the law that governs when they can declare the car to be stolen. This is really a question of motor vehicle law, so you may need to consult with an attorney who specializes in that field.
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