The very first thing I advise is to clearly determine the date of first delinquency (DOFD) on the OC account.
The date you last paid the credtior has nothing to do with your DOFD. It is the first date of delinquency that occured, after which the account was never brought back into paid as agreed, good standing before it was closed.
That date is totally independent of anything a CA reports, and establishes two things.
First,your CR exclusion date. FCRA 605(c) affixes one, and only one, date-certain for CR exclusion of any CO or CA. It is 7 years plus 180 days from that date-certain DOFD.
If that DOFD was any time prior to 6/2003, its credit report exclusion date would already have expired after 12/2010.
SOL is a different, and unrelated matter. It has nothing to do with CR exclusion dates. Expiration of SOL just gives you the defense, if you find yourself in court, to ask for dismissal of the legal action. The period of running of SOL varies with each state. Most are, for revolvng credit debt, within the period of 3-6 years.
The date that affixes the commencement of running of your SOL also varies by state, but most states initially set the date of commencement of the SOL to be what amounts to the same date as your DOFD. Some states permit a reset of the SOL based on later payments made. A few others will accept firm offers to pay as grounds for SOL reset, but that is not common. YOu need to know your state civil code on statute of limitations for debt. Google it.
