Legal Question in Credit and Debt Law in Connecticut

I CO-SIGNED A CAR LOAN FOR MY DAUGHTER-IN-LAW ON JUNE 30, L997. ON FEB.2, 1999 I RECIVED A LETTER FROM HONDA FINANCE CORP THAT THE CAR WAS REPOSESSSED AND AUCTIONED OFF. i PAYED IN FULL THE DEFICIENCY BALANCE SHORTLY AFTER. NOW 11 YEARS LATER i GET A LETTER SAYING i OWE ANOTHER $832.74. i NO LONGER HAVE MY CANCELED CHECK SINCE ACCOUNTS ARE PURGED AFTER 4 YEARS. DO THEY HAVE TO SHOW A COPY OF MY CHECK AND RECEIPT FROM AUCTION SHOWING THAT THEY GOT WHAT THEY SAID THEY DID OR DO i HAVE TO JUST PAY THIS AMOOUNT? i GOT NO STATEMENT FOR 11 YEARS AND THEY COME OUT OF NOWHERE.


Asked on 4/12/10, 6:51 am

1 Answer from Attorneys
Linda Subbloie Linda A. Subbloie, Esq.

As long as they never obtained a court judgment against you, I think the statute of limitations has run.

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Answered on 4/18/10, 6:05 am


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