Thursday, February 27, 2014

My daughter who lives in NY had to turn her Jeep Liberty back because couldn't make the payments around six years ago and she hasn't settled...

Question

My daughter who lives in NY had to turn her Jeep Liberty back because couldn't make the payments around six years ago and she hasn't settled the debt. If she bought a piece of property to build a home on could the finance company that holds the debt seize the property for what she owes on the car?



Answer

Unless they already have a court judgment against her, I would think the Statute of Limitations to do so has run.



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