Peggy, the lender got a judgment against you for the Unpaid Balance after selling the car. That judgment becomes a sellable item. Agencys and attorneys and LARGE companys BUY the judgments before SOL runs out and tries to collect.However, some agencys try to collect even when its no longer possible. Verify that they are legit before you make any payment arrangemnets with them.
the same as an invol. Depends on your state laws. If the lender has gotten a judgement, it could be a long while.
A creditor can try to collect forever but it's usually not worth the cost of involving the courts.
The SOL starts when the Lender gets a JUDGEMENT for the balance due.IF the judgment is sold correctly, it can stretch for a long time.
The repossession stays on your credit report for 7 years.
wutlol. your question makes no sense. english please
You complete the game when you collect all the boy friends. Keep trying different phone numbers. Warning : it may take a long time if you do it over and over and over again.
The repossession process of a car usually takes about 6 months
Up until the time that your motorcycle is actually repossessed, the dealer will be happy to receive your payments, even if they are late, and will allow you to keep the motorcycle. But if you wait too long the repossession will happen.
It will die eventually, whats the point of trying
There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.
You being arrested has no bearing on your loan. As long as you make the payments on time there will be no repossession. The loan company does not care if you are in jail as long as they get their money.
Till they find it.
He is trying to slow the growing costs while trying to keep the program more affordable for the long haul.
check the SOL in your state. Usually 7-10 yrs. but the judgments get renewed so it goes on and on like an Energizer bunny...
I don't think there is a statute of limitation on repossession of a vehicle anywhere as long as there is an overdue payment outstanding.
You just keep trying. I know it's had, it took me a long time, but just keep going!
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
hoe long do lenders have to collect on a judgement in fla.
They aint going to....They try to scare you with that, as long as they have there property there good!!
When doing a repossession in Texas can you block their car in?Check with the local police departments. You probably can, as long as the car is NOT parked on private property.
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
He will want to keep trying to tie her as long as she is receptive to him and will allow it.