Did you borrow the money and sign a contract to repay the loan? Did you have your car repossessed because you failed to make your payments? They repossessed your car and sold it, and you owe the difference in what the car sold for and the balance on the loan. What difference does a letter or 8 years make. Be an honorable honest person. Pay them their money. Legally you may get out of paying but morally you owe them the money you borrowed.
HelP my carwS repo theynever sent me anything I lied bk paid the payments for a years Teri thought it was paid for they repo it then never called and never sentme anything after why how can they do that
Not without a license to do so. Being a repo man does not grant the authority to do that.
7 years from the date of repo.
Each one starts from date of report to CB. Its NOT the repo report that will hurt. The JUDGEMENT will stay there longer and has more teeth.
no
The statute of limitation expires five years from the last payment. They can't repo the car, but they don't have to give you a clear title either.
As long as you are in DEFAULT of the contract, the lender can repo the collateral.
The lien is still valid, so yes, they can repo it.
A repo stays on your credit for at least seven years. However, you may negotiate with the creditor to have it removed earlier.
NO, not for just being repoed.
If you keep going 60+ days past due, you receive a right to cure notice w/ intent to repo., and you don't answer your phone. If you show no interest in resolving the situation, they will repo the vehicle and let you deal w/ the problem.
cydia.myrepospace.com/ROMlous OR ROMlous.myrepospace.com This repo at the time has over 120 ROMs and they're being added every day. The host will even let you request a ROM if it is no on the repo.