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Re: Bankruptcy? Yes or No?


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Posted by LadynRed (199.91.33.254) on November 13, 2002 at 12:03:09:

In Reply to: Bankruptcy? Yes or No? posted by n8 on November 13, 2002 at 10:01:44:

If most of the debt is past the SOL, then you can't be sued (legally) for them any more. Saying anything about possibly paying does NOT reset the SOL in any way, so you didn't 'mess up' anything.

If the rest of the debt that is NOT beyond the SOL is signicant and has a long way to go before it does expire, then BK is always an option.


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