SOL start date

[variable66]

If my SO is 4 years and my DOLA is 12/2000

Does this mean SOL is expired?

[gdouglaslee]

Yes, in theory, assuming they can't sue as an account stated, which might have a slightly longer SOL (usually 5 or 6 years). Look at the Date of Last activity or Date of Last Payment to figure out the starting date and if that ain't there then go back 6 months from the charge off date. Check to make sure they didn't sell the account to a JDB.

[variable66]

What if they sold the account to JDB? What ecceft does that have?

Thanks