lolah Posted September 14, 2007 Report Share Posted September 14, 2007 Are bank fees subject to the SOL? Account closed with negative balance roughly 2 years ago. Link to comment Share on other sites More sharing options...
hunterduke Posted September 25, 2007 Report Share Posted September 25, 2007 guess no one knows the answer?im guessing a bank account is viewed as a written contract??anyway the same thing happened to me back in 2003the bank simply sold it to a cai dv'd them and they verified (this was in 2005)i responded with a negotiation letter offer to pay half with the assurance that they would not report. (it wasnt on my credit report)they never responded to my offer and have never reportedthis debt will be 5 years old soon and i have no idea what the sol is eitheri pulled my chex report and telecheck...both were cleanbut i was reported to national check recovery (i think thats the name cant remember for sure) and it kept me from opening new accounts at citizens bank and td banknorth. i think it remains on that report for 5 years?...again not surei know im not much help but thought maybe sharing my experience would atleast give you some idea of what to expecthunter Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted September 25, 2007 Report Share Posted September 25, 2007 my guess would be that banks are considered "goods or services" under the UCC with a SOL of 4 years. Link to comment Share on other sites More sharing options...
lolah Posted September 25, 2007 Author Report Share Posted September 25, 2007 my guess would be that banks are considered "goods or services" under the UCC with a SOL of 4 years.I was thinking the same thing, but when I did an internet search, not much came up. All I saw was that in some states, the dishonored check could only be "collected" for 2 years. But, didn't find anything concrete or any lists by state. Link to comment Share on other sites More sharing options...
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