Woods3 Posted January 15, 2015 Report Share Posted January 15, 2015 Does the statute of limitations begin from date account opened or date first reported? Quote Link to comment Share on other sites More sharing options...
sadinca Posted January 15, 2015 Report Share Posted January 15, 2015 from the date last payment was made to the account. well technically from the date payment was defaulted.every payment, even partial payments to OC or JDB would reset the SOL. Quote Link to comment Share on other sites More sharing options...
Goody_Ouchless Posted January 15, 2015 Report Share Posted January 15, 2015 every payment, even partial payments to OC or JDB would reset the SOL. That varies by state. Quote Link to comment Share on other sites More sharing options...
BV80 Posted January 15, 2015 Report Share Posted January 15, 2015 @Woods3 Are you referring to debt collection or credit reporting? Neither the date an account was opened nor the date it was first reported have anything to do with SOL for collection. In fact, they don't have anything to do with the SOL for credit reporting either. Quote Link to comment Share on other sites More sharing options...
Woods3 Posted January 15, 2015 Author Report Share Posted January 15, 2015 @BV80I had an employer that was paying a loan for educational purposes for me. I also signed the loan papers because I was told they had to have my signature to pull my school transcripts. This was back in 2008. Due to major health problems I was unable to complete the schooling. My employer continued to pay on this until 2012, leaving $1000.00 owing. In the mean time I had quit my job and moved out of state. I was unaware my old employer had stopped paying until I was served papers and was being sued. I have court on the 28th and I'm not sure how to proceed. Any advice would be greatly appreciated. Quote Link to comment Share on other sites More sharing options...
BV80 Posted January 15, 2015 Report Share Posted January 15, 2015 @Woods3 The statute of limitations for collection usually begins after the date the last payment was made on an account. Your situation seems a little more involved than what we usually deal with here. Also, you don't have much time. You really need to speak to an attorney. 2 Quote Link to comment Share on other sites More sharing options...
debtzapper Posted January 16, 2015 Report Share Posted January 16, 2015 @Woods3 For a lawyer, www.naca.net or just google "Texas consumer lawyer" or "Texas credit card defense" or "Texas fdcpa." 1 Quote Link to comment Share on other sites More sharing options...
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