Repossed vehicle
Vehicle repossed 3 years ago. Can the finance company still collect amounts owed or charged to me on the vehicle after all this time?
Asked on 7/31/07, 2:57 pm
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: Repossed vehicle
Yes; statute of limitations for suit on a debt is four years. You are still responsible for any deficiency remaining after they sold the vehicle.
Answered on 7/31/07, 3:55 pm
