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Re: SOL and paying off debt


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Posted by AB on November 05, 2001 at 01:05:01:

In Reply to: Re: SOL and paying off debt posted by Linda on November 03, 2001 at 22:01:22:

No advice intended. My error. They cannot re-age accounts and start new reporting period. SOL depend on state statutes (i.e. if a state has a SOL of 6 years and one has proof account was charged off acording to credit bureau report and 6 years had passed then they would not be able to recover). I noticed somewhere on this board the advice not to obtain credit bureau report. Wouldn't one want to obtain their report to verify and challenge inaccuracies.


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