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 by Tony | More in Debt Relief | Comments (0)
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