Jump to content

SOL Question


fixerupper
 Share

Recommended Posts

Good day to everyone! I've got yet another question in my never-ending quest to get my 700 score!

I have a CA that the SOL runs out in two days (DOLA was 4/30/97). My question is that once the SOL runs out, does the CA have to change the amoung owing to $0, since they can't collect due to SOL? I doubt that if I ask they will change it - the guys I was dealing with was a jerk!

Any help is, as always, greatly appreciated! ;)

Link to comment
Share on other sites

<blockquote>Originally posted by fixerupper

I have a CA that the SOL runs out in two days (DOLA was 4/30/97). My question is that once the SOL runs out, does the CA have to change the amoung owing to $0, since they can't collect due to SOL?

</blockquote>

Greetings-

No, the SOL is just in regards to the time they can take you to court, it doesn't have anything to do with reporting information to CRA's.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.