logo

Debtconsolidationcare.com - the USA consumer forum

Are there any debts that do not have a SOL?

Date: Thu, 10/25/2007 - 19:20

Submitted by sasquatauch
on Thu, 10/25/2007 - 19:20

Posts: 10 Credits: [Donate]

Total Replies: 4


I got a letter a while back from a CA stating that the debt would not expire and was not subject to SOL laws. I think it was for a student loan? Is this true and if so, are there any other debts that fall under this category?


Okay, I got part of this question answered on another section of the forums - student/education loans do not reach a SOL.

However, I'd still like to know if there are any other loans that fall under this category.

That being said, I've got a few student loans that I haven't heard anything from in years (we're talking 5 or so) and I know they haven't been paid. So,

1) Do I still need to pay those?
2) Who should I contact on repaying them if #1 is a yes. I think they were actually turned over to a CA at one point in time.


lrhall41

Submitted by sasquatauch on Thu, 10/25/2007 - 19:47

( Posts: 10 | Credits: )


well,I will tell you this
I thought that I had paid ALL of my student. I was wrong. Almost 20 years later I started getting collection letters regarding this debt, I ignored it. Big mistake, the dept of Ed sent the debt to someone else and theu wanted to garnish my salary. I did pay it off with no garnishment.


lrhall41

Submitted by kashzan on Fri, 10/26/2007 - 05:24

( Posts: 5401 | Credits: )


Yeah, student loans have a way of coming back even if you haven't heard anything on their activity. Why do you think your loans were turned over to a CA? did you receive notice of this? I'm asking because I'm wondering if you shouldn't contact the original lenders to find out the exact status of your loan. yes, you do need to pay these or make an attempt so you don't run into the situation kashzan did and get a notice.


lrhall41

Submitted by debtstinker on Fri, 10/26/2007 - 06:17

( Posts: 288 | Credits: )