jbillings2 Posted October 1, 2006 Report Share Posted October 1, 2006 First I would like to thank everyone for the help I received concerning my judgment,I found the answers to my ?,but still don't know what to expect.When my son refinanced his house--Wells Fargo--stipulated that they pay off some ca's that his wife had.They were over 4yrs old,the sol in Fl is 4yrs,could they legally do this.Also when they closed on the house the closing company gave them 6 checks to pay the ca's with,no addresses to send them to,just made out to collections,you can guess what happened there.She still has 5 of them,as she went to the bank last week and cashed one of them--it cleared. What should they do--they tried the bank,and the closing office but gets the runaround.Thanks Jack Link to comment Share on other sites More sharing options...
Fozzle Posted October 1, 2006 Report Share Posted October 1, 2006 Yes they can legally require you pay off outstanding debt as a condition of lending you money. Remember, the SOL only means a creditor can't bring legal action on a debt, it doesn't mean you don't owe the money. Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted October 2, 2006 Report Share Posted October 2, 2006 fozzle is correct as long as its on the CR it needs to be paid, even if the SOL is expired.. as far as where to find the CAS.. your credit report should have that information listed along with a phone number of the debt Link to comment Share on other sites More sharing options...
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