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There are no SOL's concerning the repossession of vehicles in any state. Vehicles are considered secured debt and the loan must be paid either in full, or the vehicle surrendered. If the vehicle is repossessed and sold the deficency between the sale and the loan amount and applicable fees are owed by the borrower. SOL's apply to the time in which a lender can file a lawsuit to recover money owed. Because of new bankruptcy laws and many new state laws being passed, many lenders are choosing not to recover vehicles but to sue for the full amount of the loan. If the lender wins the suit they can collect using wage or bank account garnishment or the forced sale of other property belonging to the borrower.
Wiki User
∙ 18y ago
Wiki User
∙ 17y agoWiki User
∙ 9y agoThe statute of limitation in Pennsylvania on theft by deception is two years. After two years the individual cannot be prosecuted.
Wiki User
∙ 15y agoProperty Damage is 2 years and Underinsured/uninsured motorist property damage is 4 years
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Is there a statute of limitations on tickets in Pennsylvania?
There is no statute of limitations for a traffic tickets in Pennsylvania. You have been duly informed and charged with the violation by the ticket.
What are the statute of limitations in pa for a personal injury?
The statue of limitations in Pennsylvania for personal injury lawsuits is two years with the discovery rule.
What is the Statute of limitations in Pennsylvania for speeding tickets?
Since Pennsylvania has already issued the ticket there will not be a statute of limitations. The driver has already been given legal notice of the violation.
How long is the statute of limitations of criminal theft in Pennsylvania?
i have no idea
Is there a statute of limitations on DUI in Pennsylvania?
Generally, it's 2 years
What is the statute of limitations on driving without a license DUI related and is this a misdemeanor or a summary offense in Pennsylvania?
If you have been arrested, there is no statute of limitations. You can't run, you have to deal with it.
Does filing a complaint toll the statute of limitations in Pennsylvania?
Filing a complaint typically requires notification to the other party. That means the statute of limitations will no longer apply.
What is the statute of limitations for bad checks in pennsylvania?
PA Statute of Limitations is 2 years for a bad check from the date of the certified mailing. the police charged me for a check from 1983
What is the statute of limitation for squatters in Pennsylvania?
In the state of Pennsylvania, the statue of limitations to file an eviction against squatters is 21 years. In Missouri, the statue of limitations is 10 years.
What is the statute of limitations for residential burglary in Pennsylvania?
5 years for burglary from the date that it happened
Pennsylvania statute of limitations forBreach of fiduciary duty?
There are various kinds of contracts, but in Pennsylvania most contracts have a four year statute of limitations. In addition, aÊfour year statute of limitation also pertains to the sale of goods.
How long is the statute of limitations for medical bills in Pennsylvania?
That would be four years in Pennsylvania. The time runs from the last acknowledgement of the debt.
