Legal Question in Real Estate Law in New York
i have a car that the finance company has stopped collecting on for four years, they have left the car sitting in my driveway and have not asked for a payment how long do they have a right to put a lean on the car
Asked on 3/31/12, 3:27 pm
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
They should already have a lien; check your title. If there is no lien on the title then the finance company has no rights unless the car was manufactured a long time ago (prior to 1972).
They can sue you for the unpaid balance for up to six years after an installment last became due.
Answered on 4/12/12, 10:48 am