whats sol

SOL means statute of limitations, how long collections, credit accounts can be reported on your credit report,judgments that can be collected on and things like that. Someone else will be along to explain it to you.

ladybug

I think you explained it pretty well. Of course my dad always says I am SOL about things, but it doesn't mean Statue of Limitations....he means I am S*** out of Luck! LOL

Sorry people. Not feeling well today and been taking some cold medicine that makes me feel a little loopy!

Don't be sorry 2nband, I thought the same exact thing! LOL

SOL was my mom's favorite expression! Thanks for the laugh. I hope you feel better soon.

How do i find out what the sol is in my state, tn?? I'm waiting for my debt to roll of my credit report, ya know?

Are you waiting for your debt to "roll off" your credit report instead of paying it, thinking that by waiting for the SOL to expire, you won't have to pay it?

Just curious - if I'm wrong, I apologize, but if you could explain that, it would help us help you.

Here is the link for SOL for TN at http://www.fair-debt-collection.com/SOL-by-State.html#43

Just because it is out of the SOL doesn't mean you don't still owe it , or that they won't still try and collect on it , only that legally they cannot do anything-- I had a hospital bill that I paid off, and about 10 years later someone tried to collect on it- I had no proof by then I had paid it. Luckily, I finally got them to leave me alone, but they can still try to collect, because it is still a valid debt..KAren