Re: CA SOL

Posted by California Attorney on November 01, 2001 at 13:52:58:

In Reply to: CA SOL posted by Warren on October 28, 2001 at 00:29:59:

I shouldn't have been responding when it was late and I was tired. The statute of limitation, whether for reporting on your credit report or for filing a law suit, is based on the date of default. The date of default depends upon the state that you live in. In California, the default is not tolled because you make a payment after you have gone into default. Illinois, for example, considers the last payment made to be the date of the default.

Sorry that my previous post was vague regarding the sol as it applies to both situations.

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