West Palm Beach, FL asked in Bankruptcy for Florida

Q: Is there a statue of limitations on a default car loan after 14 years in Florida

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1 Lawyer Answer
  • Bankruptcy Lawyer
  • Fort Lauderdale, FL
  • Licenced in Florida

A: The general statute of limitations is Florida Statute §95.11 and provides for five (5) years. This period starts from the last transaction, which includes any payment(s). If a judgment was issued within this period, the statute of limitation is then 20 years.

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