aints68 Posted February 19, 2005 Report Share Posted February 19, 2005 I asked on this site about sol for nc and was told 3 years. Other places however are saying 4 for certain contracts, and when I looked at the actual statues for NC, all i am finding is 4 years. I'm thinking it may depend on type of contract. This is on an old cell phone bill that they are threatening to sue on. I need to be absolutely sure about this because it is outside the 3 year sol but not the 4. Could someone please help by providing specifics for my state's statues because I don't want to screw up here. THANKS!!! Link to comment Share on other sites More sharing options...
gprncss Posted February 19, 2005 Report Share Posted February 19, 2005 Hope this helps http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml Link to comment Share on other sites More sharing options...
aints68 Posted February 19, 2005 Author Report Share Posted February 19, 2005 thanks, but that was one of the first places I looked. This is the one telling me four years, but on other legal sites I'm finding 3. Link to comment Share on other sites More sharing options...
retmar Posted February 19, 2005 Report Share Posted February 19, 2005 Since the debt would be considered an "Open", it shows 4 yrs. BUT, if I remember right, I think LadynRed posted once that NC is 3 yrs on everything. Maybe she will see this and respond. Don't quote me until she or someone else who knows for sure responds. I'll try and remember where I read it. You can check her past posts to see if I am correct. Link to comment Share on other sites More sharing options...
aints68 Posted February 20, 2005 Author Report Share Posted February 20, 2005 here is whar I'm looking at:They want to settle for $350.00. I'm willing to pay that but I was trying to get a delete letter. Since they are stiill within sol, I can't push but so hard or they could refuse and go ahead and file suit. At that point I'm screwed.The original debt was delinquent in July 2001. CA reported their collection account in 2003. They are willling to give me a letter stating I settled and in that letter they will state info for old account. I'm not worried about getting it off my credit report right away because there are a few other things on there that won't come off for a few years, but I'm afraid that settlingn will keep this on my reprt for 7 years from now.What I need to know is, will credit reporting agencies take this off 7 years from original debt (7-2001) , 7 years from ca's account (2003) or 7 years from the date I pay ot off (2005)?Any input I can get from this would be greatly appreciated. I'm not trying to run from this debt, but I don't want to cause more harm than good.Also, should I have them state something in the letter that says they can't COLLECT or SELL the remaining balance. THANKS!!! Link to comment Share on other sites More sharing options...
retmar Posted February 21, 2005 Report Share Posted February 21, 2005 I responded in your other thread on this question. It would be easier if you would let one of these pass, so we can keep everything in only one of them. Link to comment Share on other sites More sharing options...
Recommended Posts