Internet's first get-out-of-debt community - 145,000 members

Posted: Thu Oct 26, 2006 12:40 pm Subject: Statue of Limitations in Wisconsin??

Anyone know the Statue of Limitations in WI? I was told either five or six years. Does that mean if No payment is made on a credit card for that six years, they can not come after you?
Thanks

Posted: Thu Oct 26, 2006 1:56 pm Subject:

Statute of Limitations in WI is valid for 6 years. Any payment before the contract with the creditor is breached will toll the SOL period and the date of last payment will be called for calculating the SOL.

When the debt is past the SOL, no company can sue you in the court. The debt will still remain valid and you are free to pay that anytime even after the SOL expired.

J Man · Posted: Sun Oct 05, 2008 11:41 pm Subject: statue of limitations

Is that from when the claim was opened or reported?

Posted: Wed Oct 08, 2008 6:23 am Subject:

J Man.....the SOL starts ticking at Date of Last payment. The above post is incorrect in that in WI after the 6 year SOL has expired the debt is by state statute extinguished meaning it is no longer collectible.

Guest · Posted: Sun Dec 07, 2008 10:29 am Subject: parking tickets

whats is the sol for parking ticket

Posted: Sun Dec 07, 2008 10:36 am Subject:

In general states do not have SOL for traffic violations. The ticket will remain in effect until paid or satisfactory settlement is made. In most cases a warrant will be issued if the violator does not pay the ticket or appear at a court hearing on the date specified.

*Name:
*Email:
*Phone:
*Zip:
*Debt

	* denotes required field

Internet's first get-out-of-debt community - 145,000 members

Statue of Limitations in Wisconsin??

Members Area

Free Debt Counseling

Ask the community

Also See

Featured Discussions

Featured Articles

Recent Forum Discussions

Recent Blog Post