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repayment

Date: Sat, 07/28/2007 - 16:38

Submitted by anonymous
on Sat, 07/28/2007 - 16:38

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Total Replies: 1


If you set up a payment plan but you haven't payed anything yet and the SOL has expired. Does this restart the clock on the SOL?


That depends on your state common law and whether or not you signed a new agreement. They would have to successfully argue that you restarted the SOL by reaffirming the debt or entering into a new agreement. Most lawyers won't waste their time suing you if they think they will have to overcome that hurdle.


lrhall41

Submitted by texaslawyer on Sat, 07/28/2007 - 16:49

( Posts: 258 | Credits: )