Abbey what is the limitation period after repossesiongreenspun.com : LUSENET : Repossession : One Thread
Once the propert has been repossed. After what legal period of time can they (either the building society or the insurance company) still chase you for the balance. I understand that if the debt has been over 6 years and 1 day they have no (with no contact) cause to chase you for the balance.
-- sunil lakhani (email@example.com), April 25, 2001