Reply
Epic Contributor
Posts: 21,291
Registered: ‎03-19-2007
0

Re: OMW........ where to start.

SOL in most states including CA, is a legal defense you can raise in court as a defense  if the creditor sues you in court for a bad debt.

In most states the time that your begainning of your stastue of limitations begains on a date that is usually referrred to in the law as their date of legal "cause of action."

That is the first date that you went into default of your payment agreement with the OC.   I thinki, but am not sure, that the Ca SOL tolls after 4 years

Excepf for Texas,it never bars them brinhing suit against you at any time, forever.  So you must show up in court and first prove that the SOL on the alleged debt has expired.

If you show that in cuur and prove that your SO L has expired, then case dismissed  

SOL expiration,, if proven, is a absoute legal defense in most states

 

 

But credit reportng has nothing, zero, zilithch to do with SOL  Credit reporiing  has its own dates.  FCRA 605(a).

 

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.