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SOL Question

Date: Sun, 02/01/2009 - 20:09

Submitted by anonymous
on Sun, 02/01/2009 - 20:09

Posts: 202330 Credits: [Donate]

Total Replies: 2


I must be trying to mangle the SOL system idk...

I entered into a credit card agreement in Missouri. In Missouri cc accounts are considered open-ended accounts with a SOL of 5 years.

I then moved to Colorado where open-ended accounts have a 3 year SOL but credit card agreements are considered promissory notes with a SOL of 6 years.

Since I entered into an open-ended agreement in Missouri, can I say it should be considered an open-ended agreement in Colorado and use the 3yr SOL.