Date of Late Activity versus Date of Last Payment
Date: Sat, 09/01/2007 - 16:11
I believe it is the date of last paid..because I know if you mak
I believe it is the date of last paid..because I know if you make another payment it starts the sol over again..and the sol can be different depending on what state you are in.
There are two sol's on every debt.The first is for reporting to
There are two sol's on every debt.The first is for reporting to the credit bureaus and it is from date of first delinquency and cannot be reset period. The second is controlled by state laws for civil action and in certain cases a payment can reset this sol.
The first is for reporting to the credit bureaus and it is from
The first is for reporting to the credit bureaus and it is from date of first delinquency and cannot be reset period.
I believe the last payment date.
So, the creditor should report it to credit bureaus first.
They just cannot go to the court right away?
Actually they can go to court anytime you default on a debt.The
Actually they can go to court anytime you default on a debt.The two sol's are separate from each other.