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How long can they keep trying to collect on a repossession?In: Repossession |
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Peggy, the lender got a judgement against you for the Unpaid Balance after selling the car. That judgement becomes a sellable item. Agencys and attorneys and LARGE companys BUY the judgements before SOL runs out and tries to collect. However, some agencys try to collect even when its no longer possible. Verify that they are legit before you make any payment arrangemnets with them.
First answer by peggy v. Last edit by roosta. Question popularity: 101 [recommend question]
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How long take the repossession? How long do has to collect aJudgment? Repossession how long can they bother you? How long do they look for you repossession? How long can they collect on a repossesion?
