How long an account is collectible?
Date: Tue, 05/15/2007 - 07:44
I think that it is always collectable...you do not stop owing on
I think that it is always collectable...you do not stop owing on it just because time has passed, there is a statue of limitations however I think that just means that once that is up they can not take you to court.
Leah is right. SOL of each state is different. You have to check
Leah is right. SOL of each state is different. You have to check the statutes in your state to figure out if the debt is collectible by the CA with possible legal actions. Once the statutes are expired, they cannot sue you. The SOL is calculated from the last payment date.
Collectable until paid.Once sol for civil action and reporting r
Collectable until paid.Once sol for civil action and reporting run out,all they can do is call or write.
And if the SOL has run, you can always let them know and send a
And if the SOL has run, you can always let them know and send a cease communications letter.
Lawstudent is correct.Once sol has run,you can send a full c&d t
Lawstudent is correct.Once sol has run,you can send a full c&d to them.