Statutes of limitation Ohio - Contracts vs Accounts
Date: Fri, 09/16/2005 - 10:06
HI MCWENTZ Welcome to the forums. Open Accounts basically
HI MCWENTZ
Welcome to the forums.
Open Accounts basically stand for open ended credit. It relates to the line of credit that can by used by an individual again and again such as credit cards, overdraft credit accounts, and home equity lines of credit, store revolving accounts and other similar credit accounts.
Oral Contract signifies an unwritten agreement which takes place between two parties.
Written contract signifies a written agreement taken place between two parties.
Regards
Roxette
so does that mean that they can sue on a 13year old debt(on acco
so does that mean that they can sue on a 13year old debt(on account)if the statute is 6 years?
Most probably not. However, do you know that if you pay anything
Most probably not. However, do you know that if you pay anything towards the account changing the date of last activity, the SOL period gets renewed
not in 13 years thought it was payed off. never heard anymore ab
not in 13 years thought it was payed off. never heard anymore about it
debt collectors are very tough to handle. In order to keep mysel
debt collectors are very tough to handle. In order to keep myself in safe position, I will consider hiring an attorney.