What is the statute of limitations in Louisiana on a car loan?

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2026-03-31 06:05

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In Louisiana, the statute of limitations for a car loan, classified as a written contract, is typically 10 years. This means that a lender has 10 years from the date of default to file a lawsuit to recover the outstanding debt. After this period, the borrower can raise the statute of limitations as a defense if sued. However, it's important to note that making a payment or acknowledging the debt can reset the statute of limitations.

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