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question on SOL


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Posted by bajahp (208.1.25.2) on May 14, 2003 at 18:23:19:

I am a little confuse about SOL so maybe someone can explain it to me. I keep reading that let SOL run out on a account. Then send letter to validate the account. I have a question then ...whom do I validate with the OC or the CRA???
And what happens to the account after SOL runs out? Do most OC sells them to CA or jsy sit on them??
Thanks for any help with these questions.


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