http://www.creditinfocenter.com/wordpress/2009/07/27/statute-of-limitations-on-debt-when-you-move/ For the Up To Date News Tue, 07 Feb 2012 22:26:40 +0000 hourly 1 http://wordpress.org/?v= http://www.creditinfocenter.com/wordpress/2009/07/27/statute-of-limitations-on-debt-when-you-move/comment-page-1/#comment-2595 C BAILEY Sun, 23 Aug 2009 11:14:32 +0000 http://www.creditinfocenter.com/wordpress/?p=1636#comment-2595 SOL that has run means that a collector can not legally attempt to collect the debt. To do so is a violation of the FDCPA and subjects the collector to fines and legal action. SOL that has run means that a collector can not legally attempt to collect the debt. To do so is a violation of the FDCPA and subjects the collector to fines and legal action.

]]> http://www.creditinfocenter.com/wordpress/2009/07/27/statute-of-limitations-on-debt-when-you-move/comment-page-1/#comment-2294 David Hendrix Mon, 27 Jul 2009 13:38:10 +0000 http://www.creditinfocenter.com/wordpress/?p=1636#comment-2294 Most credit card agreements have a section that states the laws of certain states, such as South Dakota, Delaware where the card company is registered, will take precedence over whatever state you live in. The courts will usually take the credit cards agreement as gospel and therefore will abide by the agreement and not by state law. Most credit card agreements have a section that states the laws of certain states, such as South Dakota, Delaware where the card company is registered, will take precedence over whatever state you live in. The courts will usually take the credit cards agreement as gospel and therefore will abide by the agreement and not by state law.

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