SOL change in AZ
Date: Tue, 07/19/2011 - 23:21
In April of this year the SOL for credit card debt in Arizona was changed from 3 years to 6 years. I have some credit card debt from when I was diagnosed with cancer in 2007. I was able to work enough to keep my home and utilities and make my copays at the Dr but I had nothing left after that so the credit cards were ignored. I have dealt with collection calls for years from some real jerks but I ignored them for the most part and felt some relief in May of 2010 when the SOL was expired. Does this new Arizona law change the SOL on my debt or am I excluded because it expired before the new law? Thank you for your help.
It is true that the Sol period on the revolving accounts have be
It is true that the Sol period on the revolving accounts have been extended to 6 years. i don't think the new law will change the Sol on your debt. But I a not sure. You can get detailed information on this issue from your State Attorney General.