Re: Why Chat-What does SOL mean?

Posted by J Kelly (151.197.26.193) on January 26, 2004 at 10:15:27:

In Reply to: Re: Why Chat-What does SOL mean? posted by Big Trouble on January 26, 2004 at 09:06:20:

SOL means statue of Limitations. You can not LEGALLY be sued after the SOL has passed. It is up to you to use the SOL as a defense if you are sued. If you don't answer/show up when you have been served, then the CA will get a judgement by default. Reaffirm means when you sign a new promise to pay a particular debt after bankrupcy. Mortgages and Vehicles are most likely to be reaffirmed.

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