Legal Question in Credit and Debt Law in Florida
Repossesion
If I had my car reposses in 1999, Is there a time frame that the creditors still could go after me? My husband was telling me that it is three years. I just received a letter from Mid Atlantic Finance located in Clearwater, FL 33760 stating that they could garnish my wages.
Thanks so much for taking my question.
Asked on 6/18/04, 10:21 am
1 Answer from Attorneys
Michael Worsham
Michael C. Worsham, Esq.
Re: Repossesion
The statute of limitations for most contracts is 3 years. Presumably the debt they are trying to collect arises from a contract you had with them.
Answered on 6/18/04, 1:43 pm