And in some states, doing this might be illegal.
(Read about how to get your car back after repossession.) However, if you keep the car locked in a garage or behind a chained gate, the creditor cannot repossess the car because it would be breaching the peace (damaging property).
How can I hide my car from repossession?
Put another way, it is against the law to hide your vehicle with the intent of defrauding your creditor. So, if you are in default on your car loan and you lock up your car in your garage or otherwise purposely make it unavailable for repossession, you are breaking the law.
Is it illegal to hide a car from repossession in Texas?
Interestingly enough, the creditor is not obligated to give notice of repossession. Just because a creditor cannot repossess a vehicle on your property, however, doesn’t mean you can hide it indefinitely. In Texas, it’s a crime to conceal or otherwise withhold property with a lien on it, but this is rarely enforced.
Is it illegal to hide a car from repossession in Oregon?
Oregon law specifically states that lenders cannot use force to repossess your vehicle. This means your creditor can’t enter your garage or your home and it can’t tow your vehicle off with you inside. Otherwise, you have a right to sue for damages if a creditor uses illegal force.
Photo in the article by “Wikimedia Commons”