Littleton, CO asked in Consumer Law and Collections for Colorado

Q: Someone told our friend from a credit union it was a serious crime to not park the car she is financing at her address

Clarification: The credit union advertises itself as a helpful way to find solutions and have a reasonable deal. The friend is simply making payments to the credit union, she is not an employee of theirs. They have not given her hardly any equity after almost four years of payments of over 100 each.

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1 Lawyer Answer
Tristan Kenyon Schultz
Tristan Kenyon Schultz
  • Fort Collins, CO
  • Licensed in Colorado

A: What?! Provided that the person is current on the loan or lease on the car, it can be parked anywhere she chooses. Some loan agreements have clauses that may restrict hiding a car or leaving the listed address if payments are not current. These types of clauses are wholly civil matters and carry no criminal penalties. I am not aware of any criminal rules of any type relating to parking of vehicles beyond the standard road safety rules (i.e. you cannot park in the middle of I-25).

If this comes up again, ask for the citation of the law. It should look something like: C.R.S. 18-1-101 (the numbers may be different, but all Colorado statutory law looks like this).

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