“What should I do if a collection lawyer is sending me collection notices at work on an old car loan?”
This is a great question.
First, let’s back up a few steps.
The terms of financing when you purchase a car usually has a 4 year statute of limitation.
When you’re signing the papers, the dealership will put their name as the seller.
The question here is, 4 years from when?
It’s 4 years from your last payment, usually.
In this particular question, it’s been over 4 years.
That makes a great statute of limitation defense.
If you ignore the lawsuit against you, then it’s too late to use the statute of limitations defense.
So either a collection agency is reaching out to collect on a debt they can’t sue us on, or we’ve been sued and there’s a judgment against us.
If the latter is true, that would lead the debt collector to your employer to ask what you do, how much you make, etc. for garnishment purposes (25% of your take-home pay).
However, if they’re trying to collect on a debt they can’t sue you on, then they have some serious problems heading their way.
Typically, collection agencies can only contact where we work to ask if we work there.
In addition, they can only do that if they don’t already have your location information.
That’s the only time they can really contact us at work.
There are definitely some questions that need to be answered if this has happened to you, but it’s most likely that something isn’t right here.
If you have any questions…
We’d love to hear from you!
You can reach us by phone at 1-205-879-2447.
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Thanks for reading, and have a great day!