Legal Question in Consumer Law in California

I bought a car in Arizona and was paying on the vehicle until I lost my job, so I brought the car to the Wal Mart parking lot 18 months ago and called Ford to let them know that I was voluntarily returning the car because I could no longer afford the payments, now I received a collection letter from a collection agency stating that they want to collect over $10,000 owed to them, not Ford Motor Credit Company. My question is this; Is thre a statute of limitations for them to contact me regarding the car, is there anything that I can or should do so that I can avoid them eventually garnishing my wages. I now live in California and have not worked in two years ( I have spent my whole adult life in construction and because of the state of the economy, there is not alot of demand for what I do, so I have been applying for any type of job yet I still cannot find one,) yet I am hoping to be gainfully employed real soon. Thank you for your time.

Cordially:

Dave


Asked on 9/08/10, 11:04 am

2 Answers from Attorneys
Asaph Abrams Law Office of Asaph Abrams

Bankruptcy can quickly and conclusively eliminate that liability; consult with a local practitioner to address all your specific facts, prior to taking action.

Disclaimer: the above as well as any information found on our Web site is not legal advice and should not be relied upon. It does not create an attorney-client relationship. Unilateral communications may be misconstrued as they do not address all facets, nuances, and particulars, or all means of addressing a situation. This is strictly my opinion provided for general informational purposes and it pertains to California law. We do not review and are not responsible for the content of other attorneys� answers even when they answer the same questions. We recommend you seek legal and other professional counsel before acting or refraining from action in relation to bankruptcy. It's worth the cost.

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Answered on 9/13/10, 11:16 am

The statute of limitations on an automobile finance contract would be four-years.

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Answered on 9/14/10, 12:08 am


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