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Re: SOL and paying off debt


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Posted by MR ALAN on November 03, 2001 at 21:01:52:

In Reply to: SOL and paying off debt posted by fearful on November 03, 2001 at 20:42:33:

Apparently making a promise to pay or actually making a partial payment will restart the SOL. There is some question to whether or not simply acknolwedging the debt to a collect will restart the SOL. You didn't indicate which state you live in. SOLs of "open ended" accounts, e.g. most credit cards, vary from state to state.


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