Moderator Emeritus
Posts: 32,880
Registered: ‎08-04-2007
Re: PFD after SOL is up just to make it gone?

Welcome to the forums!

I'd suggest reading the following:

Common Abbreviations

Credit Scoring 101 - great for knowing what is in your credit score and to see how your score is impacted.

What Steps Do I Take - great for learning the repair process.

and Example letters - PFDs, GWs, DVs, etc.


I had seen other posts and comments here and elsewhere also saying the same about a fed. SOL on cell phones. IMO, it's baloney. The law that is referenced is the Telecommunications Act of 1934 (IIRC on the year) and the section of the law that mentions the 2-yr SOL hasn't been revised since the law was written, long before cell phones were invented. I believe it dealt with telecom equipement being used over state lines or something like that whereby the feds would have to work out any disagreement. I disected it in here, but I'd really have to dig. Anyway, the law doesn't apply to cell phones. Conversely, I've seen several posts here and elsewhere for lawsuits using the written portion of the given state's SOL.


IMO, SOL only matters if you cannot afford to pay the full balance owed to avert a soon-to-be judgment when being sued inside SOL. If $$$$ isn't an issue then SOL doesn't matter at all because a judgment could easily be avoided. For example, if someone owed $20k on a repo'd car and they were inside SOL and they couldn't afford to pay all of it, then I'd advise them to avoid sending them letters, calls, disputes, etc. because doing anything will wake them up. A $400 debt to a cell phone company (now CA) is nothing and I'd suggest DVing the CA. If they verify and you agree, then send a PFD. You can always offer less.