Is there any way to stop the SOL period from starting again?

Date: Tue, 04/25/2017 - 22:01

Submitted by OliviaSanchez
on Tue, 04/25/2017 - 22:01

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Total Replies: 3

My friend has made a payment on a debt on which the SOL period had expired. Is there any way to stop the SOL period from starting again? Can she get back the amount she recently paid?

Which state does your friend

Which state does your friend belong to?

In your case, the SOL will not start in most of the states. The creditor can only keep his fingers crossed and wish your friends' honesty continues. However, if your friend signs any written agreement for making the payments, this will reinstate the contract and start a new SOL period. Legally it is called "reaffirming the debt."

lrhall41

Submitted by Barbara Delinsky on Wed, 04/26/2017 - 07:11

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She won't get back the amount

She won't get back the amount she paid
The SOL period has started again since your friend has already made a payment
There is no way to stop it now.

lrhall41

Submitted by ditchdebt on Wed, 04/26/2017 - 22:30

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Often the collection agencies

Often the collection agencies pursue to start making payment and then to negotiate a settlement. But, never agree to that. Always check the SOL period before you start negotiating and making payment.

lrhall41

Submitted by Good Nelly on Thu, 05/04/2017 - 06:50

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