Columbia Ultimate is collecting auto loan debt in Texas where the statute of limitations is 4 years. Average auto loan debt: $23,792. Garnishment limit: No wage garnishment for most debts.
4 years
Statute of Limitations
$23,792
Average Auto Loan Debt
No wage garnishment
Garnishment Limit
Known Columbia Ultimate Violations
Collecting on debts discharged in bankruptcy
Failing to update credit reports after dispute
Adding unauthorized interest charges
Dispute Strategies
Challenge deficiency balance after repossession
Verify the sale was commercially reasonable (UCC requirement)
Dispute if proper repossession notice wasn't given