staues limitation loans
purchase a truck in 1993, and was repoed. A year ago I started getting letters from a collection company. What is statue limatation for loans on trucks in california
Thanks jeffrey
Asked on 8/15/06, 12:17 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
Re: staues limitation loans
Four years on a written agreement, two years on an oral agreement. However, statute might be delayed to begin running from date of last payment.
Answered on 8/15/06, 12:19 pm
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