Is it a crime not to allow the car be repossessed and what happens if bank cannot find vehicle?

It is not a crime to not allow a car to be repossessed, but it can have serious financial and legal consequences. If you do not make your car payments, the lender may eventually repossess the car. If you prevent the lender from repossessing the car, the lender may sue you for breach of contract. You could be ordered to pay the full amount of the loan, as well as any damages that the lender incurs.

If the bank cannot find the vehicle, they may take legal action to recover it. This could include filing a lawsuit or obtaining a court order to repossess the vehicle. The bank may also be able to track the vehicle using a GPS device or other technology.

Here are some tips to avoid having your car repossessed:

* Make your car payments on time and in full.

* If you are having trouble making your payments, contact the lender to discuss your options.

* Do not hide or abandon the car.

* If the lender comes to repossess the car, do not resist.

If your car is repossessed, you will have a limited time to redeem it by paying the full amount of the loan, plus any fees and costs. If you do not redeem the car, it will be sold at auction.