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Repossession
Statutes of Limitations

What is the statute of limitations in regards to car repossession in NC?


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Wiki User
2005-03-04 10:17:18
2005-03-04 10:17:18

As long as a vehicle is collateral for a loan, it can be repoed.

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The statute of limitations for car accidents vary state by state. The statue of limitations in Washington state is three years.

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Yes, There is no statute of limitations on financial matters. You can probably challenge it being on your credit report. But you still owe the money.

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Statute of limitations if the same for individuals, insurers, etc - each state has a different Statute of limitations

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There are none. As long as you remain delinquent on payments, or until other arrangments can be made with the seller, the vehicle is still theirs. And they can come and get it anytime they want.

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The statues of limitations vary from state to state.


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