I am being sued to collect an arbitration that was awarded to a collection agency. Does this renew the SOL? I am in NH and the SOL is 3 years. This account was started in Iowa, but they are suing in NH so do I go by Iowa SOL (5 years) or NH SOL (3 years). Also, when they look at SOL it is from the date of first default correct?
Another question I have is, if I defaulted on a credit card and it was sold off to a collection agency, that old card still stays on my credit report for X years.