Car repossion
I had a vechile repossed just over 4 years ago, and now i recieve a letter with a court date that the credit union is sueing me for $4990. Is there a statue of limations? Is there anyway to get out of paying this, without claiming bankruptcy
Re: Car repossion
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The debt for any shortfall remains due and owing and the creditor has the right to sue for damages if you do not make a repayment arrangement with them.
Scott R. Jay, Esq.