7 years
Courts typically keep records of repossession orders for a period of 7 to 10 years, but this can vary depending on the specific jurisdiction and the type of record. It is advisable to check with the court or a legal professional for accurate information regarding retention periods for repossession orders.
Gary Ashley from Repossession Records.
The repossession stays on your credit report for 7 years.
The repossession process of a car usually takes about 6 months
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.
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.
7 years.
They aint going to....They try to scare you with that, as long as they have there property there good!!
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
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.