Ohio statute of limitations on debt - Written Contract category
Q: I had my Audi repossessed by National City some 6 years ago. Yesterday I got a call from PNC collection department that I still owe $952, which was a a deficiency amount after National City sold it. First what is Ohio statute of limitations on car loans, I mean over 6 years ago, c'mon , second what PNC has to do with that?
A: PNC acquired NCC few months ago, and now they are looking for every penny they can get. Sorry, but if a car loan in Ohio falls under written contracts, which I think it does, then statute is 15 years. Plus PNC can get a judgment against you for this deficiency, and Ohio statute of limitations on judgements is 21 years.
Fri Apr 10, 2009 12:04PM | Copyright: www.bad-credit-advisor.com | More in Relieving Debt | Comments (0)
Recent Entries
- Capital One Secured Credit Card to Improve Credit Score - Review
- How to get approved for mortgage - loan approval help
- Spouse average FICO credit score is higher?
- Why average credit score?
- Getting mortgage after bankruptcy - go FHA
- Debt settlement and how it affects credit score
- Debt settlement with Citibank
- Can I settle with credit card company with no late payments?
- Credit card limit lowered, credit score goes down
- Gold price will rise in 2011
