MD Auto Loan Debt

Maryland Auto Loan Debt Laws

Everything you need to know about auto loan debt in Maryland: SOL is 3 years, garnishment capped at 25% of disposable earnings or $145/month (lesser), and 2 state-specific protections apply.

3 years

SOL (written contracts)

$23,792

Avg auto loan debt

25% of disposable earnings or

Garnishment cap

How to Dispute Auto Loan Debt in Maryland

Challenge deficiency balance after repossession

Verify the sale was commercially reasonable (UCC requirement)

Dispute if proper repossession notice wasn't given

Check for state-specific redemption rights

Validate any collection attempts under FDCPA

Maryland State Law

Maryland Consumer Debt Collection Act

File complaints: AG Consumer Protection

Relevant Federal Laws

FDCPA (15 USC 1692)
FCRA (15 USC 1681)
FTC Act 5
CFPB Reg F

Maryland Consumer Protections

Short 3-year SOL for all debt types

Collectors must be licensed in Maryland

Auto Loan Debt Tips for Maryland Residents

Lenders must sell repossessed vehicles at commercially reasonable price

Many states require advance notice before repossession

Deficiency balance collectors must validate under FDCPA

Dispute Auto Loan Debt in Maryland

DebtShield generates AI dispute letters that cite Maryland law (Maryland Consumer Debt Collection Act) and federal FDCPA protections.

Generate Maryland Auto Loan Debt Dispute Letter