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CubsWoo posted:No. Statute can only restart if you make a payment. I remember reading somewhere when I was fighting a debt myself that in some states it can also restart if you agree to pay the debt over the phone to the collection agency. You've basically admitted that the debt is yours. I was very careful about what I said to them over the phone, but I was wondering if there was any truth to this. e: after googling this I got a lot of hits, apparently in some states there is some truth to it. Dacke fucked around with this message at 04:13 on Dec 24, 2009 |
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Dec 24, 2009 04:07
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ZoneManagement posted:I also have a friend who has a open an account, that is in good status, that has been open for 4 years now, with a 12,000 dollar limit, with a high of 5400 dollars. He's never heard of this account. He also has a C/O of 1295 dollars with BoA from a secured credit card. BoA also got a judgment on him in the amount of 1295. Judgments have a much longer statute of limitation I believe. http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml There is a link to SOL on judgments in there. For my state (FL) it is 20 years. Dacke fucked around with this message at 04:35 on Dec 24, 2009 |
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Dec 24, 2009 04:18
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