Cars & Vehicles
Statutes of Limitations

Is there an Auto Repossession Statute of Limitation in Mississippi?


Top Answer
User Avatar
Wiki User
2009-05-02 15:45:34
2009-05-02 15:45:34

As far as I know there is no statute of limitation on auto repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read. Repossession should be your last resort. Hiding a vehicle from repossession is a crime in some states. The consequences of repossession are always bad for you.

User Avatar

Related Questions

There is no SOL that applies to this matter. It is purely a civil financial contractural matter between the lender and the borrower.

I need a statute of linmtaion in Forida for grand theft auto thank you.

Auto theft is a felony in Arizona. They have set the limitation is seven years.

There isn't one.This is a civil matter between you and the lender.The lender can try and repo the car for as long as they want.But usually after a number of years they write the loan off.

That would be a felony in Arkansas. The limitation would be 3 years.

Statute of limitations vary state to state. In Georgia the limitation is 2 years from the date of the accident to file a claim against an insurance carrier.

The statute of limitations for a negligent action regarding auto repair would be the same as the amount for any other type of negligence suit in California: Two years with the discovery rule.

You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.

The statute of limitation for written contracts (including auto loans) in the state of Indiana is ten years. This time period also applies to promissory notes, however for oral agreements and open accounts the statute is only six years.

There are no Statue of limitations on repossession orders given to repo companies. Payments to the finance company can be squashed easily as going into bankruptcy!

States vary in statute of limitation laws. In Georgia it is 2 years from the date of the accident. Meaning you can file a loss claim to the offending insurance carrier any time during that two year period.

Yes it does, depending on the statute of limitation in your state. Usually is, 2 years for personal injuries and 3 years for property damages. Once the statute has run out and if no further action is taken (law suit) the claim is no longer valid.

You either owe it or you don't, there's no statute of limitations. Practically speaking, if you no longer have the car, and the debt is years old, then all the damage to your credit that can be done, has been done, and you can pretty much stop worrying about it.

in the process of repossession?

Your wages can be garnished for an auto repossession if there is a court order. All wage garnishment's must be obtained from the county court of your residence.

The statute of limitations for auto property damage in North Carolina is 3 years. Auto property damage falls under North Carolina's civil statute of limitations.

can you get your auto reposessed if your 2 payments behind NO

yes,you may be catched by cops.

i = installment loan. 8 = repossession. i8 = repossession of an installment loan (like an auto loan).

Texas, Oregon, Washington and others.

According to NHTSA, manufacturers are only required to fix vehicles free of charge for up to ten years. After that, the "statute of limitations" expires and consumers are legally on their own, and responsible for implementing the fix themselves.

That would be a personal injury claim in Florida. the limitation would be 4 years after the occurrence. There may be ways of tolling the limit, such as discovery of an injury cause by the accident at a later date.

The time frame on debt collection is 6 years in Georgia. Oral contracts are going to be limited to 4 years. The time usually starts from the point of last payment or acknowledgment of the debt.

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.