SOLs for each state
Date: Wed, 04/19/2006 - 22:50
State Oral Agreements, Written Contracts, Promissory Notes, Open Accounts
Alabama 6 6 6 3
Alaska 6 6 6 6
Arizona 3 6 5 3
Arkansas 3 5 6 3
California 2 4 4 4
Colorado 6 6 6 6
Connecticut 3 6 6 6
Delaware 3 3 6 3
DC 3 3 3 3
Florida 4 5 5 4
Georgia 4 6 6 4
Hawaii 6 6 6 6
Idaho 4 5 10 4
Illinois 5 10 6 5
Indiana 6 10 10 6
Iowa 5 10 5 5
Kansas 3 5 5 3
Kentucky 5 15 15 5
Louisiana 10 10 10 3
Maine 6 6 6 6
Maryland 3 3 6 3
Massachusetts 6 6 6 6
Michigan 6 6 6 6
Minnesota 6 6 6 6
Mississippi 3 3 3 3
Missouri 5 10 10 5
Montana 5 8 8 5
Nebraska 4 5 6 4
Nevada 4 6 3 4
New Hampshire 3 3 6 3
New Jersey 6 6 6 6
New Mexico 4 6 6 4
New York 6 6 6 6
North Carolina 3 3 5 3
North Dakota 6 6 6 6
Ohio 6 15 15 6
Oklahoma 3 5 5 3
Oregon 6 6 6 6
Pennsylvania 4 6 4 6
Rhode Island 15 15 10 10
South Carolina 10 10 3 3
South Dakota 6 6 6 6
Tennessee 6 6 6 6
Texas 4 4 4 4
Utah 4 6 6 4
Vermont 6 6 5 6
Virginia 3 5 6 3
Washington 3 6 6 3
West Virginia 5 10 6 5
Wisconsin 6 6 10 6
Wyoming 8 10 10
I'd be willing to bet that collectors have a field day in states such as Wyoming and Rhode Island.
The site below lists the correct information on SOL period. You
The site below lists the correct information on SOL period. You can rely on information from the website below:
http://www.fair-debt-collection.com/statute-limitations.html
You can also get more information on the FTC website.
Where did you find those SOL's? I found some and they are diffe
Where did you find those SOL's? I found some and they are different from those. (Well, Alaska's is different, i didn't check every state, LOL)
Link deleted as per forum rules-Mike
If a credit card is charged off and the credit card company sell
If a credit card is charged off and the credit card company sells the account to a collection agency, would the SOL be from the date of the original creditors last contact or the date the collection agency purchased the account. And is it different if the account is just turned over to a collection agency instead of purchased by one?
The best I can tell, the SOL starts 180 days after the debt beco
The best I can tell, the SOL starts 180 days after the debt becomes delinquent.
But if the debt is bought by a collection agency, does the SOL s
But if the debt is bought by a collection agency, does the SOL start over? This is all so confusing.
No that does not restart the SOL. Quote:The best I can tell,
No that does not restart the SOL.
Quote:
The best I can tell, the SOL starts 180 days after the debt becomes delinquent. |
I think this is applied to the SOL for credit report aka 7 year reporting time.
Kathryn The SOL starts from the date of last activity on the
Kathryn
The SOL starts from the date of last activity on the account. When it is sold, transferred, etc, doesn;t matter.
DazedandConfused This list is from a collectors site itself.
DazedandConfused
This list is from a collectors site itself. It is also the same as most I've seen elsewhere. That's not to say that some states might change however.
Thanks for the valuable info......makes me glad I live in Texas!
Thanks for the valuable info......makes me glad I live in Texas!