Re: Charge Off Questions
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Posted by Why Chat (209.240.205.61) on August 01, 2004 at 11:52:39:
In Reply to: Charge Off Questions posted by tx on August 01, 2004 at 10:20:58:
An OC is required to charge-off an account NO MORE than 180 days past the first delinquency. Your SOL for reporting purposes started your 1st 30 day "late". Your legal SOL for being sued starts either on that same date, or from your last payment or charge (usually the prior Month),depending on your State.
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