House Repossession Help

I had a mobile home repo’d in 2001. I was never contacted by the company for the difference after the sale at auction. So I never worried about it. I’ve since found out the dept was sold to a collection agency after the auction. Again, no attempts to collect for 5 years. Now I get a letter saying pay in full or legal action will be taken. How does the statue of limitations work with this? Does the statue start at the time of the default on the loan, or at the time of the sale of the dept to the new company? The original creditor is not reporting to the credit bureaus, but the collection agency is? I live in Illinois, and the statue is different for contracts vs. collections? Does the signed contract for the mobile home purchase still stand, even though it’s with an entirely differnt company now?

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Lets say a man owns his own home, which he built literally with his own 2 hands and it is completely paid for. Well he meets and marries a woman who, after moving in with him, loses her mobile home by repossession and sells her land. The woman 2 children (12 and 16) from a previous marriage. After a year of marriage, the husband puts the wife’s name on the house along with his because all is going well. But, the next year there is trouble in paradise and they decide to divorce. Who is entitled to the home? The man who built it and had lived in it for more than 20 years, or the woman?
Pyar, I am just looking for different opinions. : )
K, this isn’t about me! I’m not married, lol.

And the house is in Georgia, USA.

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10 years ago I bought a mobile home for 49,000. I lived there with my daughter for 7 years. 3 years ago, I married a wonderful man, and moved into his home. For the last 3 years, I have rented my mobile home to deadbeat tenants, who refuse to pay, and racked up many attorneys fees filing for evictions and garnishments. The entire time I was trying to sell the house, but the bank said I still owed 50K, and no one wanted to pay more than 30K. 6 months ago, my husband and I built a house, sold his home. We have since had 2 children, with another on the way, and neither his old home or the mobile was big enough for our growing family. After completely exhausting our savings trying to keep current on the mobile, and being unable to find anyone who would buy the house for an amount the bank would accept, it was finally repossessed. They say I still owe $60,000, and whatever they can’t get in auction I will still owe. I know they won’t get this, and I don’t have it…what now?
I am not currently employed.
The MH has already been repossessed. I have always made my payments by the 15th of the month, which was my due date. They said that even though the statement said the payment was due on the 15th, late on the 20th, that unless I was paying it by the 1st every month, the payment would not cover the interest. Interest rate was 14%. With the exception of the new house, I own nothing. I don’t work, and we have used my husbands name and credit for everything. Since I bought the house several years before I met him, his name is not on it. 3 years of deadbeat tenants is not one set of tenants, and we built the new house and moved in before selling either house. His house sold, and we barely broke even, mine didn’t, and it was repossessed. The MH was recently appraised at $25K.

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