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Just to clarify

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2anewu
Regular Contributor

Just to clarify

I just want to make sure that I have this right..... If I took out a loan in 2000 and missed my first payment in Feb 2002 ----- made more payments in 2003----- did not start to pay again until 2004 after collection activity----- when does my SOL start and end?  The following is an example but I cannot access the correct info to paste it. So are SOL's started over on CO's or Collection accounts?
Message 1 of 5
4 REPLIES 4
2anewu
Regular Contributor

Re: Just to clarify (Answer found)

Found my answer! Thanks
Message 2 of 5
Anonymous
Not applicable

Re: Just to clarify

The SOL starts with the last payment.

Now as far as reporting- 7 years after DOFD



@2anewu wrote:
I just want to make sure that I have this right..... If I took out a loan in 2000 and missed my first payment in Feb 2002 ----- made more payments in 2003----- did not start to pay again until 2004 after collection activity----- when does my SOL start and end? The following is an example but I cannot access the correct info to paste it. So are SOL's started over on CO's or Collection accounts?



Message 3 of 5
Anonymous
Not applicable

Re: Just to clarify

How can it be that the DOFD is over 1 year after the DOLA? That's on my DH report.  On My report, I'm showing the DOLA 03/04 and DOFD as 11/04.  The SOL goes by 03/04, is that correct?
 please say yes, please say yes, Smiley Wink



Message Edited by nfg on 11-14-2007 05:36 PM
Message 4 of 5
Anonymous
Not applicable

Re: Just to clarify

This must be a EQ report-

EQ uses the DOLA for the delete date- WHY? I have no idea.



@Anonymous wrote:
How can it be that the DOFD is over 1 year after the DOLA? That's on my DH report. On My report, I'm showing the DOLA 03/04 and DOFD as 11/04. The SOL goes by 03/04, is that correct?
please say yes, please say yes, Smiley Wink



Message Edited by nfg on 11-14-2007 05:36 PM


Message 5 of 5
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