* Breach of Contract: When you signed the loan agreement for your car, you agreed to certain terms. Failing to make payments is a breach of contract, and hiding the vehicle makes the breach even more significant.
* Obstruction of Justice: Actively hindering the repossession process, which is a legally sanctioned procedure, could be considered obstruction of justice.
* Criminal Charges: Depending on the circumstances, you could face criminal charges, including theft or fraud. This is particularly true if you actively try to deceive the repo agent or damage their property in the process.
* Civil Penalties: You will still be responsible for the debt, and the lender may pursue further legal action to recover the vehicle and any associated costs, including legal fees and storage charges. They might also damage your credit rating further.
* Towing Fees: Even if you manage to hide the car temporarily, the repo company may eventually find it, and you will likely be responsible for the added cost of retrieving it from a tow yard.
In short, attempting to hide your car from repossession is not a viable solution. It's far better to communicate with your lender directly to explore options such as refinancing, repayment plans, or surrendering the vehicle voluntarily. While surrendering the vehicle might negatively affect your credit, it's generally less damaging than facing criminal charges or accumulating significant legal fees. Consulting with a legal professional or credit counselor can provide you with the best course of action.
