Statute Of Limitations for debts: State list
Date: Thu, 08/23/2007 - 13:01
Submitted by Anthony Lemons
on
Thu, 08/23/2007 - 13:01
Total Replies: 8
You may check your state's Statute of Limitations on debt here. If the SOL is past, you legally do not have to pay. If you do make a payment towards a past debt, it restarts the clock.
The question comes up so much about SOLs, someone should post it
The question comes up so much about SOLs, someone should post it in the DIY section, or some other easily found area on here.
If you apply for Credit over the phone and do not sign a contrac
If you apply for Credit over the phone and do not sign a contract is that considered an oral or written agreement?
California list written as 4 years and Oral as 2 years.
In my opinion the agreements that are written are the safest one
In my opinion the agreements that are written are the safest ones. Though both oral and written contracts are binding. But the advantage with a written agreement is that it will easily support your position. In case of oral contracts if your deal goes south, you may be eternally chasing the truth.
This is all debt, except Child support and student loans.
This is all debt, except Child support and student loans.
The site Anthony mentions is a very good site for sol and other
The site Anthony mentions is a very good site for sol and other consumer info.I also use lawdog.com for legal stuff. One thing to remember is to go to your state statutes directly to check these sites before you would go to court.
I heard a story of an old woman who was sent a bill from a libra
I heard a story of an old woman who was sent a bill from a library for 8,000 dollars in late fees, for a book her parents never returned from 50 years before. The media nade a huge deal out of it, and the library erased the debt. Think the SOL was surpassed?
Cellular, sounds like your talking about an oral agreement. A
Cellular, sounds like your talking about an oral agreement.
Anthony, looks like someone was out for a bit of publicity regarding the library book. Even if they claimed it was stolen, there are statutes of limitation on criminal acts as well (except for murder).