answersLogoWhite

0


Best Answer

I am not for sure, but I always thought that if you have not heard from, or had no contact or attempts whatsoever to collect this debt in a 10 year time span, then that debt would be considered obsolete. Maybe someone can clarify this?

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If vehicle was repoed 10yrs ago can they come back and collect now?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can your wages be garnished for a repoed vehicle in portland OR?

they should not be able to garnish wages for a vehicle the leinholder has taken back into their possession for payments not being made. They have the vehicle back, so its not right for them to take your money.


My car was repoed can i file bankrupt and get it back?

NO.


How far does coca cola go back on backgrounds?

10yrs


If your car is repoed can they charge you to get back you personal belongings?

no


Can you get your wheels back if car was repoed?

No As far as finance company is concerned the car came with wheels, it has wheels on it when repoed. Done deal.


Is it possible to get your car back after a repoed?

AnswerIt is definitely possible, because I had my car repoed and got it back (in California) years ago after bringing the payments current. Most states have enacted Article 9 of the Uniform Commercial Code. You have the right to redeem your vehicle by purchasing it back, although you probably will have to pay the amount owed and not just the payment. Even if you cannot get the vehicle back, many vehicles are illegally repossessed and you may have claims against the lender or others. For example, a repo cannot be done if there is a breach of the peace. Police officers are not allowed to facilitate or take sides in a repo. Many times a lender will seek a deficiency if the vehicle does not sell for what is owed on the loan. There are many defenses to a deficiency case. Generally lender is required to prove the vehicle was repossessed and sold in a commercially reasonable manner.If your vehicle has been repoed, a good place to find a qualified lawyer is the web site of the National Association of Consumer Advocates.


Can you get back property off a car that has been repoed if it is not your stuff?

I used to "repo" vehicles for the bank I worked at. The rule was that if it was attached to the vehicle, it stayed with the vehicle. If it was attached by wires only and there would be no damage to the electrical system by cutting the wires, it could be removed.


If the car was repoed and you got it back does it matter if they repo it again?

Certainly it does. It could be repoed multiple times, and each time this occurs more and more fees and penalties are added to the original or remaining balance of the loan. If you cannot afford the payments, your best option is to surrender the vehicle and seek other means of transportation.


If your car was repossessed and you paid the loan off do you get the title?

If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.


What is surrendering your vehicle mean?

Surrendering a vehicle, in a financial sense, means that it is being repossessed and it is being given back to the finance company. The company will usually send someone to collect the vehicle.


What if your cosigner died and your car was repoed can you get it back without paying the price of the car?

NO


Is there any way to get a repossessed car back without paying the loan in full in Maryland?

Once your vehicle is repoed, you will have the opportunity to pay the loan up to date, plus any fees associated with the repo to redeem your vehicle. This timeframe is relatively short in duration, so if you fail to make the payment that is required, the vehicle will be auctioned.