Where did the SOL concept came from?
Date: Tue, 04/25/2006 - 03:53
I liked the SOL concept, where did it come from?
Is it a brain child of a government agency or a creditor company or a collection agency?
Any Ideas there?
Is it a brain child of a government agency or a creditor company or a collection agency?
Any Ideas there?
I believe it is a law passed by the U.S.Gov't, I am sure collect
I believe it is a law passed by the U.S.Gov't, I am sure collection agencies/creditors hate that law.
The link has very useful information on the concept of Statute o
The link has very useful information on the concept of Statute of limitations. Read this page and understand the concept clearly.
http://www.fair-debt-collection.com/statute-limitations.html
You can also get some reference in the FTC website.