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Repo SOL question.

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allenha1
Member

Repo SOL question.

I bought a car while I was in the Army stationed in North Carolina. Decided a few years later to leave the military and move back to WV. Since I couldn't afford the payment after I got out of the Army. It was repoed while I lived in WV and charged off in 6/2003 as bad debt. Now which state SOL do I have to worry about, bought it in NC. repoed in WV. Due to fall off credit file in 2010 Thanks for the Forums this is my first post.
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Repo SOL question.

Either the state you were in when you bought it or your current state's SOL can be used.  They tend to use the one that is more beneficial to them.
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