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Re: why chat-states exempt from sol


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Posted by Why Chat (209.240.198.61) on March 17, 2003 at 20:19:37:

In Reply to: why chat-states exempt from sol posted by martin on March 17, 2003 at 08:02:32:


I am sorry that "lawguy" persists in confusing people wit esoteric pints of law that have nothing to do with the subject of consumer credit.

The rules are simple: (for a personal NOT a business credit debt)

1- You can be sued EITHER in the State where you signed up for the credit, OR in the State you are presently in.

2- The SOL of the State you were SUED in applies.

3- If you are sued in a State (with a longer SOL) that you are not living in,you must be "served" in your resident State.

4- If you are NOT served, and a default judgment is obtained, they still need to have it filed in your home State for it to be enforced against you. If they do that, THEN you can fight it in your own State court.

5- MOST States with longer SOLS (except R.I.) have various statutes that prevent you being sued, or having a "foreign" (another State's) judgment filed if it is beyond SOL in either the originating State or your current State.


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