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Posted in Auto Loans
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AnuLove

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Vehicle Repossesion no longer on credit. I still have vehicle.
About 10 years ago my husband owned a 2001 Expedition. It was in his name alone. The vehicle was supposed to be repossessed and was on his credit. It is no longer on his credit report and I am wondering what we do with the vehicle? We are in the process of cleaning up our credit to buy a home and don't want to notify the creditor and it go back on his credit. Any ideas on how to handle this?

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Most negative accounts are only allowed to be on your credit reports for 7 years, so if the seven years is up, that is probably why it got removed. They are not allowed by law to put it back on your reports if the time expired. I assume the purpose of this post is asking about how to get the title of the vehicle. All you can do is call and ask them if you can have the title. Just make sure that the "statue of limitations" to be sued for this type of debt in your state has expired. If you are unable to get a title for it, the best you could do is sell it for parts.

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