Jump to content

Debt Paid after Statue of Limitations


j32luv
 Share

Recommended Posts

After reading posts here I have come to realize that my husband and I made a huge mistake to make payment arrangments to a debt collector calling about an old debt from 2000. The debt is old and past the SOL and the debt isn't showing up on my husbands credit report. However, the DC must have told my husband something to scare him into making payments. So that's where we are now, been paying them since February 2011 and in October they plan on uping the minimum amount to $100 each month until it's paid off. My question is did we start the clock again on this old debt b/c we are making payments or should we stop paying since it's not on any of the 3 credit reports?

Link to comment
Share on other sites

After reading posts here I have come to realize that my husband and I made a huge mistake to make payment arrangments to a debt collector calling about an old debt from 2000. The debt is old and past the SOL and the debt isn't showing up on my husbands credit report. However, the DC must have told my husband something to scare him into making payments. So that's where we are now, been paying them since February 2011 and in October they plan on uping the minimum amount to $100 each month until it's paid off. My question is did we start the clock again on this old debt b/c we are making payments or should we stop paying since it's not on any of the 3 credit reports?

Unfortunately, unless your state laws say otherwise, you restarted the SOL. You're only defense might be in their communications with you. Did they lie? Did they threaten? Do you have voicemails or letters?

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.