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Thread ID: 106891 2010-01-27 04:45:00 Statute of limitations / marital debt bee (15594) PC World Chat
Post ID Timestamp Content User
852494 2010-04-12 20:19:00 The Statute of Limitations means that a debt cannot be enforced 6 years after it was last acknowledged by the debtor.
So if you are a joint debtor with your husband even though he kept the car, your liability continues.
.

What? Explain that in English Winston.......the debt is too old but she's liable now anyway?
pctek (84)
852495 2010-04-12 20:48:00 What? Explain that in English Winston.......the debt is too old but she's liable now anyway?

"he assumed and serviced the debt for over 10 years." presumably making payments for 10 years means that it's only 3 years since the debt was last acknowledged.
PaulD (232)
852496 2010-04-12 21:40:00 car was returned to dealership by me when it became evident the he was not going to be able to pay the next block payment of 16,000 It was sold by the dealer well under the appraised value for 16.ooo He then assumed small monthly payments of $10.oo a week to clear the balance of 16,000. THis he was to done to completion with the inheritance he received from his families estate.

Now for what ever reason the debt still exists and now
is my problem to deal with.
Help!!!!!!!!!!!!!!!!!
bee (15594)
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