Re: Settlement Question
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Posted by Why Chat (209.240.198.61) on July 20, 2003 at 22:12:33:
In Reply to: Re: Settlement Question posted by Mike on July 20, 2003 at 20:51:18:
Well- Alabama has a 3 year SOL. I would guess you are beyond the legal time for collection. If you get your Experian report and look at the OC entry, it should say when it is scheduled for removal, deduct 4 years from that date,that will tell you if their time is up to sue you on this debt. If you are beyond the SOL, and you pay them a ¢ you are throwing money down a rat hole, and making sure your credit reports will be ruined for another 7 years.
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