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Re: Are debt collectors really "SOL"


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Posted by Why Chat (209.240.198.61) on January 25, 2003 at 09:28:34:

In Reply to: Re: Are debt collectors really "SOL" posted by ricky on January 24, 2003 at 15:15:44:


The TILA does not state that an open-ended credit agreement is not a written contract.That i coveredin the UCC and each State's Statute of Frauds.

I have posted on my website most of the State's statutes that deal with the subject.

In some States where there is confusion over the subject, I have posted the portions of that State's statutes that deal with the issue of exempting credit card agreements from the status of a "written contract"


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