No, the ABS light will come on when there is a problem with the anti-lock braking system. Have this looked into by a professional. You will know your brake pads need changing when you hear a squealing sound when you apply the brakes.
The timing chain only needs to be repalced when it breaks. A light on the dash will come on once it's broken, and you can drive to the nearest Walmart and have it replaced.
you need to clear the code
You probably need to adjust the tension knob.
Speed sensor....on transmission need changing....
There could be a number of reasons for that light to come on. My suggestion would be to have the vehicle checked over by a mechanic NOW. Good brakes are a number one priority!
did you get air in the system maybe they need bleeding
generally a timing belt only needs replacing when it breaks
Your brake pads might need to be replaced.
It means your brake pads need changing.
If an check engine light does not come on it is a good thing. When your check engine light comes on, it means you need service done on your vehicle.
The traction light is on becasue there is no communication between the traction control and the ABS. You will need to check the ABS sensor which is probably damaged or need cleaning. The spanner light normally means go to workshop as there are some problems with the engine electric. The spanner light could be on because the traction light is on. Once the traction issue is sorted, the light should come on automatically. If the spanner light is on on its own or has been on before the traction light then probably the oxygen sensor needs changing.
why would the abs light stay on continuously in a 97 contour? I own a 1998 ford contour and the abs light is on all the time. my car which needs new breaks because when the abs light comes on you could have three wheels grabbing when you hit the breaks or two wheels grabbing. what i would do is either check to see if you need new breaks or they just may needed to be adjusted. your rotors could be so worn down that they could also need to be replaced or honed out.