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Re: Wait it out ?


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Posted by Why Chat (209.240.198.61) on May 27, 2003 at 20:38:08:

In Reply to: Wait it out ? posted by LookingforInfo on May 27, 2003 at 20:15:40:


The designation of credit card accounts as "open-ended" accounts subject to any State's SOL for "open" accounts is found in the TILA, which covers CONSUMERS only,and the venue and jurisdiction limits are in the FDCPA, which again does not include business credit.

So, to answer your question,your basic premise of the SOL in your case may not be valid.


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