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fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 4246



96 Magic Points

 
Posted on Sun Sep 21, 2008 1:05 am  

I try to warn anyone about that. I know it may seem crimonal to not pay it back but if you do and the SOL starts you have to worry about them suing you and getting some junk debt collector and years more of harrassment.
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1883



1901 Magic Points

Subject: debt
 
Posted on Wed Oct 22, 2008 5:11 pm  

So...if you start paying back a debt, the SOL 'restarts'? WOW......I have a few debts, on my CR, that will 'fall off' soon. No reason to do anything about them, or I'll be starting them over. I think I get it now.
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1238



28944 Magic Points

 
Posted on Thu Oct 23, 2008 1:03 pm  

Hi Sdchargers
Statute of Limitation may be from 3 years to 15 years depending upon the state you live in. Now even if the seven year listing period in your credit report has expired, it may happen that the SOL has not expired and the creditor can sue you to the court to bring judgment against you. So first check the SOL in your state before you decide whether to pay back or not.
_________________
All the Best Smile
Justin
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1883



1901 Magic Points

Subject: debt
 
Posted on Fri Oct 24, 2008 1:46 am  

I live in PA. I think the SOL is 4 years, but, don't quote me on that. Anyway...it's crazy that SOL's are different states, but the debts can still on your CR's for longer than that. So...if the SOL for a debt is expired, than it doesn't 'look so bad.?' ( lack of a better word..)
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3931



389 Magic Points

 
Posted on Fri Oct 24, 2008 2:13 am  

It is four years sdchargers, you got it right, LOL
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online
http://www.crazymonkeygold.com/members/register.php?ref=fedupinpa
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1883



1901 Magic Points

Subject: debt
 
Posted on Fri Oct 24, 2008 2:15 am  

At least I got SOMETHING right...LOL If I got EVERYTHING right, I wouldn't have any debts..LOL But,...we all learn from our mistakes and are willing to try and fix them.
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 4246



96 Magic Points

 
Posted on Sun Oct 26, 2008 11:52 pm  

Yep we do all learn from our mistakes and their aren't too many epople that don't make them. So keep working and you will get there. If you believe in yourself and hang in there it will all happen soon enough. Whats that old saying? "nothing lasts forever!!"
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1883



1901 Magic Points

Subject: credit
 
Posted on Mon Oct 27, 2008 12:58 am  

ALL of us make mistakes. We're only human. We live and learn.
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 4246



96 Magic Points

 
Posted on Tue Oct 28, 2008 11:04 am  

Live and learn..crash and burn...one way or the other though we eventually get to where we are going.
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1883



1901 Magic Points

Subject: debt
 
Posted on Tue Oct 28, 2008 5:10 pm  

LOL................I wouldn't put it THAT way, but, I see your point. We DO get to where we are heading. Why?? Because each and everyone of us, on this forum, is DETERMINED to 'get there.'
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 4246



96 Magic Points

 
Posted on Wed Oct 29, 2008 1:38 am  

Yep...and we will. I have been getting a little annoyed cause it seems some of those debt collection agencies have found their way here and I really do not see this as a place for them. Soem Jared from crenshaw gets on here fro m time to time saying his company would be glad to work with the debtor but yet by reading peoples posts one can see that this can not be true.
Sam in a Jam
Guest






Subject: What to do facing Lawsuit?
 
Posted on Tue Jan 15, 2013 7:40 am  

Health issues, Short Sale and then forced Retirement = 30 months behind on most cards, (6) and Bank holding Second Mortgage still wants about 50K from Home sale shortage. Now the Attorney letter threatening to file suit has come from one of the CC's. Is Chapter 7 the best way out? Can't do lump sum settlements and any attempt to repay would be very small each month. Sounds like 'restarting' the clock (SOL) would just make things worse longer... Love to hear ideas on my options.
crorkz matz
Guest






Subject: gScBpBxbLsUOZvzDnyZ
 
Posted on Mon Aug 04, 2014 11:11 pm  

AVVzLj wow, awesome blog post.Really looking forward to read more. Want more.

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