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 Posted: Wed Mar 21, 2007 5:40 pm Subject: Statute of Limitations in Florida |
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Can anyone advise me where I can find the actual statute that tells me about the Statute of Limitations in the state of Florida? My fiance had a vehicle repossessed in 2002 and we just discovered where they have filed to get a judgement. They haven't served him yet, but from everything that I have read they only have a few more months to do that. So I would like to know the laws before this happens.
Any assistance would be greatly appreciated! 
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Jackie
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| Posted: Wed Mar 21, 2007 6:13 pm Subject: |
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SOL on contract or written instrument and for mortgage foreclosure is 5 years. Almost all other debts fall under the 4-year catch-all limitations period. Is the car auctioned? If you have a balance left, it will be an unsecured debt and the SOL will be calculated four years from the last payment date. Please double check this info before you act further
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mcranberra
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| Posted: Wed Mar 21, 2007 7:02 pm Subject: |
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Did he ever leave the state? I understand Florida SOL to stop ticking if the debtor moves.
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