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How long does the company have after car is sold to sue for amount owed on car?

The time frame for a company to sue for the amount owed on a car varies by jurisdiction. In general, the company has a specific window of time after the car is sold (known as the "statute of limitations") within which they must file a lawsuit to recover the debt. This time period can range from a few months to several years, depending on the laws in the jurisdiction where the car is sold. It's important to note that the statute of limitations can be different for different types of debt, such as consumer debts, commercial debts, and secured debts, so it's always best to consult with a legal professional to determine the exact time frame in your specific situation.
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