Anonymous Posted February 3, 2003 Report Share Posted February 3, 2003 I'm in the process of validating my liability on a corporate debt with an OC, and out of curiousity I checked out the "Statute of Limitations" page on Credit Info Center. I was pleasantly surprised to find that the SOL on my state for a revolving account is 3 years. My question is this, as of last month, the Date of Last Activity reported by the OC to Equifax is 02/00. While I did not make any payments towards the corporate debt after this date, the business may have made some partial payments towards the account after 02/00. There is a paragraph on Credit Info Center stating the following:"Depending on what state you live in, if you make a partial payment, you could be postponing the statute of limitations' taking effect on your collection account or charge-off."I live in Maryland and the business was operating in Virginia. Based on this, would anyone know whether the 'Date of Last Activity' in my case would still be 02/00, or would it be the date the business last made payments?Thanks in advance.-------------------- Link to comment Share on other sites More sharing options...
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