Legal Question in Credit and Debt Law in California

how long on credit report?

Does a new statute of limitations start when a car is repoed or does the clock start when the last payment was made?


Asked on 2/12/09, 2:42 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: how long on credit report?

Your question is inconsistent. The statute of limitations for suing is 4 years from the time they could first sue you, in other words when your last payment after the repo became overdue. The repo stays on your credit report 7 years. See creditboards.com . Too bad you didn't come here before your car got repo'ed.

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Answered on 2/12/09, 2:50 pm


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