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@RobertEG wrote:SOL does not bar any legal action against you. The plaintiff determines where they want to bring any legal action.
SOL is not a bar against legal action, it is a proof that you must provide in court.
From that point on, you use the SOL statute in the state of jurisdiction of the suit for any legal defense you offer in court.
Most state SOL statutes on debt set tolling of the SOL from your DOFD on the OC account, and NOT on any action taken and reported by a CA.
Some states provide for reset of the SOL based on actual payments made, and few others provide for reset of the SOL based simply on offers to pay, which can arguably be considered to include any PFD offer you have made.
No simple answer to this question.
True.
When offering a PFD, it's best to indicate that you are not admitting the debt, just offering to pay it out of convenience.
Also, with regards to SOL defenses, it is true that it doesn't stop a creditor from suing you and you then using the SOL as an affirmative defense. However, in some states there are legal penalties for an individual bringing an action that they know or should have known is outside the SOL. Also, a suit brought outside the SOl can be considered frivolous in some states and in even more you can get an award for your legal fees defending an action outside of statute. That is why I'd generally send the CA a letter indicating awareness that any suit brought is time barred yet if they still choose to sue you will make sure they suffer as a result.