Quote:
Originally Posted by TripleXPrint
If you default on a car payment, it goes into repo and you hide it and continue to drive it. Isn't that theft? Why can't banks or auto dealerships file criminal charges against you? I know a guy who's been hiding a 42' Carver Yacht from the bank for more than 2 years and they're not arresting him for theft. It's a $1M boat, not some furniture set that cost them $300 and they sold for $3,500.
My complaint is that OUR tax dollars are being used to arrest people who default on their payments to Rent to Own places. They're using the police as their collection agency and that's just not right. It's a civil matter and should be handled accordingly.  |
If the loophole did not exist it could not be used. There is no way I can address your comparison since you have a ton of unknown variables, beginning with the state the contract is enforced under and the contract between the provider and the end user.
I would think the first difference would be one is renting and one is buying. Seems like a fairly significant difference.