Hi I need to send a letter to a creditor. What dep
Date: Sun, 04/03/2011 - 00:07
Hi I need to send a letter to a creditor. What department needs to receive the letter. The credit department or whom. I am in TX and have had a car loan on my credit for 11 years in which the origioal creditor keeps selling to other collection agencies. Isnt the SOL up on this. I live in TX
In Texas, SOL for car loans is 4 years. As the SOL is over, the
In Texas, SOL for car loans is 4 years. As the SOL is over, the creditor/collection agency won't be able to file a lawsuit against you in order to recover his debts.
Not true. The collector can still harass you and even attempt t
Not true. The collector can still harass you and even attempt to sue you. You must send them a certified Cease & Desist Letter (see DIY Letters). If they do sue you, then you only have to proved to the judge that it is past the SOL.