Please advise on SOL expiration for California State?
Date: Tue, 05/27/2008 - 23:24
IIRC, SOL for credit cards in California is two years. However,
IIRC, SOL for credit cards in California is two years. However, you've been out of the country for ~ten years...I'm not sure if the clock stops ticking when you leave the country.
In almost all states there is a rule which says that a statutory
In almost all states there is a rule which says that a statutory limitation will be stopped from continuing for a certain period of time. This rule is termed as ???????Toll???????. According to this, if you leave the state, from where you have taken credit from, and stay outside it for a certain period of time (say 12 months) then the SOL will stop running for that period and will restart only after you come back to the state.
For more information on Statute of Limitation, go through this page
http://www.debtconsolidationcare.com/statute-of-limitation.html . It????????s really informative.
SOL for written contracts which credit cards come under is 4 yea
SOL for written contracts which credit cards come under is 4 years.
If you are currently living out of the country then they cannot
If you are currently living out of the country then they cannot sue you because unless you have a "legal address" (like people in the military do, ie stationed in Fla but state of record CA) in this country then no court has jurisdiction over you.
Thus they cannot sue you properly.