Ask Experts Questions for FREE Help !
Ask
    yvonne 45's Avatar
    yvonne 45 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 21, 2008, 07:31 PM
    Car loans
    I had a car repo in 1995 and I just received a call saying that I had to pay for that car debt that was not paid for and is no longer on my credit report. Can they take me to court and make me pay
    N0help4u's Avatar
    N0help4u Posts: 19,823, Reputation: 2035
    Uber Member
    		  
    #2

    Aug 21, 2008, 07:48 PM
    It sounds like the statute of limitations may be up. That is 18 years ago that it was repo-ed
    When was the last time you paid anything whatsoever toward it? What state do you live in?
    It being off your credit report my guess is they are trying to get you to make a payment so they can start collecting on it. From everything I have been told once you make a payment the statute of limitations is no longer in effect. If they have a judgment against you though the statute of limitations would not apply BUT it would also be on your credit report I would think. I wouldn't make a payment or agree to make any until I know for sure what they are up to.
    Do you have an 800 # for them? Once it is repo-ed they can only go after the difference between what they sold it for minus what you owed.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Car loans [ 1 Answers ]

I have a similar situation that I'd like to get an opinion on. We purchased a vehicle in 2000.. Made payments till end of 2001.. Both lost jobs after 9-11 happened. Filed chapter 13... New job only one income due to spouses medical problems and doctor bills, could not keep up the payment...

Pay day loans [ 2 Answers ]

How do I get rid of my payday loans They are killing me

Car loans [ 5 Answers ]

My husband and I bought a 2003 neon back in 2003 and have paid faithfully for three years. We have enough money to pay it off right now and have gone to the finance company to ask what our payoff is. They are telling us that it is still 6600 now we did the math and that is what we would pay if we...

View more questions Search