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	<title>Creditinfocenter Blog &#187; SOL</title>
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		<title>Collection Agency Offering Me Settlement &#8211; Should I Take It?</title>
		<link>http://www.creditinfocenter.com/wordpress/2011/05/03/collection-agency-offering-me-settlement-should-i-take-it/</link>
		<comments>http://www.creditinfocenter.com/wordpress/2011/05/03/collection-agency-offering-me-settlement-should-i-take-it/#comments</comments>
		<pubDate>Tue, 03 May 2011 15:02:43 +0000</pubDate>
		<dc:creator>Kristy Welsh</dc:creator>
				<category><![CDATA[Debt Settlement]]></category>
		<category><![CDATA[collection agency]]></category>
		<category><![CDATA[Credit card debt]]></category>
		<category><![CDATA[credit report]]></category>
		<category><![CDATA[Credit Score]]></category>
		<category><![CDATA[SOL]]></category>
		<category><![CDATA[Statute of limitations]]></category>

		<guid isPermaLink="false">http://www.creditinfocenter.com/wordpress/?p=12053</guid>
		<description><![CDATA[Q. I had a Bank of America credit card with a $15,000 balance. It was closed consumer&#8217;s decision. It was purchased by a collection agency. I&#8217;ve been paying it off for a few years, I&#8217;m down to $4000. They offered me a settlement of $2000 which I can afford. How will this affect my credit [...]]]></description>
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		<title>Statute of Limitations on Debt When You Move</title>
		<link>http://www.creditinfocenter.com/wordpress/2009/07/27/statute-of-limitations-on-debt-when-you-move/</link>
		<comments>http://www.creditinfocenter.com/wordpress/2009/07/27/statute-of-limitations-on-debt-when-you-move/#comments</comments>
		<pubDate>Mon, 27 Jul 2009 12:00:40 +0000</pubDate>
		<dc:creator>Kristy Welsh</dc:creator>
				<category><![CDATA[Legal Stuff]]></category>
		<category><![CDATA[Barrowing statute]]></category>
		<category><![CDATA[Choice of Law]]></category>
		<category><![CDATA[lawsuits]]></category>
		<category><![CDATA[SOL]]></category>
		<category><![CDATA[State Laws]]></category>
		<category><![CDATA[statute of limitations on debt]]></category>

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		<description><![CDATA[The statute of limitations (SOL) on debt is an important weapon in your arsenal against collection firms who are trying to sue you for a debt. The simplistic definition of SOL is this: the amount of time from date of last activity that a person or company has to sue you. Each state has its [...]]]></description>
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