What is the name of your state? California
Hello,
My car was repossessed in 1996 and was auctioned off and sold to the public. A few months after the car was sold, I got a letter from the Creditor saying that I still owe them $5000. I could not come up with the money; therefore I ignored the letter. It has been more than 7 years now since my car was repossessed. Today I got a call from a collection company demanding my wife to pay $9000 for the money that I owe 7 years ago otherwise they Will put a lien on our house. I ran my credit reports (all 3 of them)and I don't see that collection / repo / charge off are being reported. I guess it is because the statue of limitation ran out. My questions are:
1) Since the statue of Limitation has ran out; Can they demand a payment and threaten me that they will put a lien our house?
2) How can I stop them from calling my house?
3) There are numerous inquiries from this particular collection company in past 12 months. Can they run my credit reports without my permission?
Thank you very much in advance for your answers.
kb95356
Hello,
My car was repossessed in 1996 and was auctioned off and sold to the public. A few months after the car was sold, I got a letter from the Creditor saying that I still owe them $5000. I could not come up with the money; therefore I ignored the letter. It has been more than 7 years now since my car was repossessed. Today I got a call from a collection company demanding my wife to pay $9000 for the money that I owe 7 years ago otherwise they Will put a lien on our house. I ran my credit reports (all 3 of them)and I don't see that collection / repo / charge off are being reported. I guess it is because the statue of limitation ran out. My questions are:
1) Since the statue of Limitation has ran out; Can they demand a payment and threaten me that they will put a lien our house?
2) How can I stop them from calling my house?
3) There are numerous inquiries from this particular collection company in past 12 months. Can they run my credit reports without my permission?
Thank you very much in advance for your answers.
kb95356