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What do they mean by after the day the cause of action accru

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CMBV22

CMBV22

Joined: 08 May 2008
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Posts: 364



4810 Magic Points
 
 Posted on Sun Jul 13, 2008 1:45 am  
thats correct Goodnatured. That is why many CA will ask ppl to give them a 5 dollar goodwill payment. They do this to reset the clock on the SOL so they may file suit.
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goodnatured



Joined: 03 Nov 2007
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Posts: 3927



10 Magic Points
 
 Posted on Sun Jul 13, 2008 2:26 am  
Dirty little trick, that works, people do not realize that what the actual affect is by paying this little bit of money.
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Justin

Justin

Joined: 17 Jul 2006
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28942 Magic Points
 
 Posted on Mon Jul 14, 2008 9:45 am  
Yes, CMBV is correct. Even if you make a partial payment after the date your SOL has expired, your SOL expiry date postpones. Although SOL expiry does not necessary mean that you are no longer liable for the debt, yet it provides defense to the customer against the suit filed by the creditors.
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goodnatured



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10 Magic Points
 
 Posted on Tue Jul 15, 2008 3:04 am  
You are still liable for the debt, however you can not be sued, they can still continue to still collect on the debt.
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fireyone



Joined: 26 Feb 2008
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Posts: 4285



127 Magic Points
 
 Posted on Fri Jul 18, 2008 1:15 pm  
You mean continue to harass you on the debt right good natured? What amazes me is when a debt is past SOL and they still don't want to make a decent deal to settle it out.
slsmjr
Guest
Subject: SOL question
 
 Posted on Wed Mar 11, 2009 8:49 pm  
If there are no collection calls being made by a company listed on my credit report, but it's still listed as an outstanding debt....does the SOL apply to this? can i feasibly write the credit bureau and have it removed. I have tried to dispute items directly to the credit bureau and have received no response, however the items have not been removed? Please help.
carol

carol

Joined: 27 Jun 2006
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Posts: 1307
Location: Los Angeles, California


29555 Magic Points
 
 Posted on Mon Mar 23, 2009 9:49 am  
The collection agency may or may not call you to recover the debt. If it has listed its name against the debt in your credit report, it means that they demand the money back from you. To check whether you actually owe them the money or not, first get the debt validated by sending them a debt validation letter by certified mail. If they can properly validate the debt, you cannot get it removed from the credit report, else you may send a dispute letter to the bureaus and get the listing removed from your report.
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Justin

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28942 Magic Points
 
 Posted on Mon Mar 23, 2009 10:36 am  
No, you cannot get it removed from your credit report if it is correct. Correct listings can never be removed from the report, unless the creditor agrees to pay for deletion agreement in writing. When you dispute an item with the credit bureaus, the bureaus verify the listing with the creditors. Only if the creditors or the CA cannot prove that they own the debt, the bureaus remove it from your report, else not.
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Ravi
Guest
Subject: EXTEND SOL
 
 Posted on Wed Aug 12, 2009 6:49 pm  
Where can I find written authorities for restart of Statute Of Limitation for Indiana?
dsmith
Guest
Subject: CA looking for rent in Texas from 2006
 
 Posted on Wed Jan 20, 2010 7:35 pm  
My husband just received a collection call from a company looking for back rent on an apartment he rented in Texas in 2006! He was military and had orders to return to Colorado in mid-September 2006 but there is a strange clause in Texas apartment leases that allows them to collect one additional month of rent if 30 days written notice is unable to be provided.

Essentially, they are looking for October 2006 rent. My husband asked for proof of the debt from the CA since this is the first we have had anyone look for this money. They sent a copy od the signed lease and the copy of the signed Notice to Vacate letter which both bear my husband's signature.

If I understand the SoL for Texas, then as of Oct 2009 wouldn't this be uncollectable? Or does the clock begin again because we asked for proof and we received a letter?
rachat de credit
Guest
Subject: rachat de credit
 
 Posted on Tue Dec 21, 2010 10:54 am  
J'ai appris des choses interessantes grace a vous, et vous m'avez aide a resoudre un probleme, merci.

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DAV
Guest
Subject: cause of action dtae
 
 Posted on Mon Mar 07, 2011 9:36 pm  
If i miss payments on credit cards. then make an arrangement, pay that for a couple months then stop what is the cause of action date?
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Subject: Good day
 
 Posted on Wed Sep 07, 2011 6:51 am  
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