Re: WHEN DO YOU START THE CLOCK OVER FOR CA
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Posted by Why Chat (209.240.205.61) on October 30, 2003 at 18:29:24:
In Reply to: WHEN DO YOU START THE CLOCK OVER FOR CA posted by Sooner fan on October 30, 2003 at 18:13:28:
Your SOL starts from your first misse paymentto the ORIGINAL creditor before it was charged off. It can only be "reset" if you sign a new contract that "consolidates" or "refinances" the original debt, and that contract MUST include a notice that you are waiving your rights. I assume you meant 4/2004- not 4/2003, and if you are corrctly figuring your start date of SOL,you can safely stop paying then.
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