oldtymedebt
Junior Member
tx
Is there any statute of limitations on property owners fees?
nearly 20 years ago, my then-husband and I thought we would purchase a piece of property from a property owners association at a nearby lake. This was sometime in 1985. We may have made 1 or 2 payments, realized we couldn't handle it and decided to default. We never made any more payments and never heard any more from the company. We figured the property was re-possessed.
Flash forward... I received a bill from a collection agency for $918 in "property owners fees". They inform me that the county clerks office as well as the tax office both show that both my ex-husband and myself are listed as deed holders. They further state the deed was filed in 1987. How can you own something you never paid for?
Should I be concerned or is there some other action I should take? I certainly don't have the money, and don't want this turned in to the credit agencies! Furthermore, I do not want the land! What should I do?
Is there any statute of limitations on property owners fees?
nearly 20 years ago, my then-husband and I thought we would purchase a piece of property from a property owners association at a nearby lake. This was sometime in 1985. We may have made 1 or 2 payments, realized we couldn't handle it and decided to default. We never made any more payments and never heard any more from the company. We figured the property was re-possessed.
Flash forward... I received a bill from a collection agency for $918 in "property owners fees". They inform me that the county clerks office as well as the tax office both show that both my ex-husband and myself are listed as deed holders. They further state the deed was filed in 1987. How can you own something you never paid for?
Should I be concerned or is there some other action I should take? I certainly don't have the money, and don't want this turned in to the credit agencies! Furthermore, I do not want the land! What should I do?