Finance Questions

Question: Can an Auto Finance Company report your car as stolen if you are behind in payments?

A friend of mine is at least 3 mths late on his car note (Capital One Auto) he's trying to hold on to the vehicle as long as he can until he can buy another one. I am telling him to turn the car in because it might be reported as stolen. Is this correct?
Ok so I was wrong, but if he is every pulled over by a cop for maybe a simple traffic violation, would they know he's behind on his payments and take the car and give to Capital One Auto anyway?

Answer: if there is no contact with the finance people, it could very well be done that way.But I wiuld think, it would be on them, since the police must follow the law..meaning if they ask for the title and he produces it, in his name, then there isn't much the police can do..
Then along comes the repo man, he hooks up to the car and tows it away, , by law they are allowed to do that..

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