Re: Collection bill for 11 year old unknown debt

Posted by interested person (172.152.127.151) on May 31, 2003 at 00:36:42:

In Reply to: Re: Collection bill for 11 year old unknown debt posted by scott on May 28, 2003 at 22:27:38:

SOL (statute of limitations)

Am I correct in that this means that once the SOL has expired the creditor can no longer threaten a lawsuit but can still write letters to ask you to pay as you may honestly owe the money but they have lost all leverage?
This is the way I understand the situation.

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