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SOL ?

tag
Anonymous
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SOL ?

Ok, I looked up SOL for my state of NC.  This is what I found

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 3
  • Written Contract: 3
  • Sales (UCC) Contract: 4
  • Domestic Judgment: 10
  • Foreign Judgment: 10

Could someone actually explained to me how this correspondes with my credit file or point to somewhere to read on my own?

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2 REPLIES 2
Anonymous
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Re: SOL ?

bump
 
Message 2 of 3
Anonymous
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Re: SOL ?

 
SOL is the time frame that a creditor has to file a lawsuit.
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