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SOL and lawsuits
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Posted by Just Asking
on February 03, 2002 at 20:55:14:
First I would like to say thank you to everyone who posts here. I have found invaluable information. I was just wondering why creditors seem to let the statute of limitations run out on, by what I've read in this forum, so many accounts. I have several cards with 5,000+ on each of them and the last payment was in 1996. Just curious why they let the limit run without suing me. I also wish that it was set up to be able to pay it off without further ruining your credit.
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