Jerome Posted January 30, 2021 Report Share Posted January 30, 2021 Does auto loan companies take settlements. I have an auto loan that is 4yrs delinquent, I got in a car accident and stop paying the loan and the company never received the car back. Quote Link to comment Share on other sites More sharing options...
WhoCares1000 Posted January 31, 2021 Report Share Posted January 31, 2021 If they think that they will not get all their money back, they might take a settlement. Realize though that auto loans are probably written contracts rather than oral contracts. That means that the SOL is 5 years, not 3 years. Plus, COVID has SOL all screwed up right now due to courthouse closures. Quote Link to comment Share on other sites More sharing options...
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