Statue Of Limitation Has Run Out Can It Be Collected On Now?

by stephanie
(Wartace, Tennessee)

The statue of limitation has ran out on my loans. They have the deed to my home. Can they collect on this loan. Do they have to release my deed to my home? i live in Tennessee.

Comments for Statue Of Limitation Has Run Out Can It Be Collected On Now?

Click here to add your own comments

Feb 04, 2011
 statute of limitations expired
by: DebtCollectionAnswers.com

Stephanie,

We need more information to try to answer your question. Who are "they?" What type of debt is this? And why do they have the deed to your home? Is there a lien against your property? Please use the comments link below to respond.
Feb 11, 2011
 release of property
by: stephanie

The company that has a lien on my property is a finance company. It is a deed of trust.There are other loans that were done illegal and I showed them that it wasn't right. Now they want to do away with those loans and they to work something out on the note that has the deed of trust on it.I don't know if I should.

Reply from DebtCollectionAnswers.com:

As you can imagine, we are going to recommend you talk with a real estate attorney. It's not something we would recommend you handle on your own.

Click here to add your own comments

Return to Debt Collection Questions.

Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2020 by Mary Reed and Gerri Detweiler.
All rights reserved..
Read our Privacy Policy here. Do not sell my information.