Alabama | Credit and Debt Law
1/16/04, 3:59 pm
Legal Question
Statute of Limitations
Vehicle repossed in October.....
May, payment mailed to bank, payment cleared
June, payment mailed to bank, payment returned, bank says account zero balance
October bank repossessed vehicle, says payment not made in 10 months, we have proof of every payment except April payment.
Bank sold the vehicle at auction wants us to pay unpaid balance.
what is the statute of limitations to sue the bank? or can we even sue the bank. We are looking for compensation for truck and emotional distress over having truck repossessed when we made all payments.
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Legal Answer
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Read More Answered By: Fred Wood |
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