Legal Question in Credit and Debt Law in California
Old debt
my brother had his car repo'd in 1997 that I helped sign for credit lease loan, was removed from credit bereau 3 years ago, today I found a debt request letter in my mail box for the repo unpain amount, please advise
Asked on 8/17/07, 12:57 am
3 Answers from Attorneys
Michael Meyer
Law Ofc. Of Michael J. Meyer
Re: Old debt
Put it in your sock drawer and ignore it. If they persist, bring it to a local lawyer.
Lawsuits are barred by the four-year statute of limitations, but they can ask you for it forever. Some people fall for it and pay anyway, and that's what keeps these guys in business.
Answered on 8/17/07, 1:32 am
Robert Mccoy
Law Office Of Robert McCoy
Re: Old debt
If they call, tell them they can call as much as they want to, but you are not going to pay them a dime.
Answered on 8/17/07, 10:47 am
Jonathan Stein
Law Offices of Jonathan G. Stein
Re: Old debt
If it is from 1997, you should ignore it.
Answered on 8/17/07, 10:58 am
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