Re: Question about SOL
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Posted by Jkelly
(68.163.2.72) on August 18, 2004 at 11:41:46:
In Reply to: Question about SOL posted by Antho0703 on August 18, 2004 at 10:01:39:
SOL means statue of limitations. In Texas it is four years. The SOL is the time limit a creditor has to bring a law suit against you. After the SOL has passed, they can still try to collect and they can even sue. BUT if they sue after the SOL has passed, then SOL is your defense. What you really need to do is OPT OUT now.
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