Re: Asset Acceptance - Suing
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Posted by Parry
(67.5.185.246) on January 26, 2004 at 18:31:02:
In Reply to: Asset Acceptance - Suing posted by Need Help ... Again on January 26, 2004 at 16:34:45:
I live in Washington state and this is where there is controversy on this board. If your credit cards in (1999) were "signed application agreements"--they have a SOL of (6) years. When was the date of last payment? If you made an "unconditional and voluntary payment" (sent a voluntary partial payment check or money-order) the SOL regarding lawsuits starts all over again in Washington state. This has "nothing to do with FCRA reporting" to the CB--The SOL for reporting begins with the first MISSED payment that led to the delinquency being reported. This date is a date-certain and does not change,. The SOL per FCRA is 7 years.
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