How should I proceed?
Date: Mon, 11/03/2008 - 18:57
Check what the statute of limitations is in your state. If you h
Check what the statute of limitations is in your state. If you haven't made any payments since 2001 than chances are the SOL has expired.
Pennsylvania Statute of Limitations Contracts: 4 years, (
Pennsylvania Statute of Limitations
Contracts: 4 years, (used to be six).
Contracts under seal: 20 years.
Sale of goods under UCC: 4 years.
Negotiable instruments: 6 years (13 PA C.S.A. .????3118).
These are the SOL for my state... Not sure what they mean though. What would a CC fall under?
PA has a 4 year SOL across the board so this is well past statut
PA has a 4 year SOL across the board so this is well past statute and based on your dates, should no longer be showing on your credit reports. I would send Portfolio a full cease comm and tell them to never contact you again. The debt is time barred for suit and they have no legal leverage to make you pay. Your only obligation would be a moral one but I would never pay a junk debt buyer.