Just a basic question regarding the Statute of Limitations in California on an installment contract, specifically an auto loan where the vehicle was repossessed. Does the statute date run from last date I made a payment according to the terms of the contract, the date of "first serious delinquency", or the date the proceeds of the auction of the vehicle were applied to the balance owing? (or ????)
Please cite specific Code or Section, case (if referring to a precedent decision), or state that it is your opinion (but is untested or unclear in the relevant code). Thanks in advance.
Please cite specific Code or Section, case (if referring to a precedent decision), or state that it is your opinion (but is untested or unclear in the relevant code). Thanks in advance.
