Re: Estoppel

Posted by Why Chat (209.240.222.130) on April 21, 2002 at 22:37:16:

In Reply to: Estoppel posted by Razor on April 21, 2002 at 14:17:58:

Ignorance can be bliss.
Estoppel is a legal method of stopping someone from doing something on the basis of their prior action or lack of action.
In credit repair,among other things, it is used as a tool to try to get a ca from verifying to cra's because they have failed to validate. (I don't think it works) Here is the law dictionary definition.
estoppel
n. a bar or impediment (obstruction) which precludes a person from asserting a fact or a right or prevents one from denying a fact. Such a hindrance is due to a person's actions, conduct, statements, admissions, failure to act or judgment against the person in an identical legal case. Estoppel includes being barred by false representation or concealment (equitable estoppel), failure to take legal action until the other party is prejudiced by the delay (estoppel by laches), and a court ruling against the party on the same matter in a different case (collateral estoppel).

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