I had a saloon repossed in georgia rear legs in December 2002. What is the statue of reduction and any advise to answer the "canon suit" thanks.
Answers: If they file the suit withing the limits of the Statute of Limitations, consequently the requirement is met. Sending you the notification and other paperwork can drag on a long time after that. It depends on the court.
Repos fall lower than UCC, which has a statute of limitations of 4 years. This 4 years begin on the date the vehicle was sold creating the deficency.
If you're vehicle be repo'd in Dec 2002 and sold on Jan 15th 2003, they would enjoy had until Jan 15, 2007 to folder a suit for the repo.
You might check out Creditinfocenter.com and Creditboards.com, as you can join the forums in that and get excellent back. Feel free to email me if you need anymore aid.
Your question is within the wrong area, this is the credit nouns, not the legal nouns.
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Answers: If they file the suit withing the limits of the Statute of Limitations, consequently the requirement is met. Sending you the notification and other paperwork can drag on a long time after that. It depends on the court.
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Repos fall lower than UCC, which has a statute of limitations of 4 years. This 4 years begin on the date the vehicle was sold creating the deficency.
If you're vehicle be repo'd in Dec 2002 and sold on Jan 15th 2003, they would enjoy had until Jan 15, 2007 to folder a suit for the repo.
You might check out Creditinfocenter.com and Creditboards.com, as you can join the forums in that and get excellent back. Feel free to email me if you need anymore aid.
Which information number do i put on the check?
Your question is within the wrong area, this is the credit nouns, not the legal nouns.
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