Should I send a DV letter if I am still within SOL?

[Anonymous]

I live I florIda where SOL IS five yrs. I am within a year or two of the SOL expiring , should still send DV letters or can this affect me negatively while still in the SOL?

[llecs]

The only time you need to worry about SOL is if you are inside SOL and you don't have the means to pay in full, if you had to (to avert a judgment). Doing anything inside SOL (sending PFDs, sending DVs, disputing, doing nothing, etc.) can result in being sued on an unpaid debt. But if you had the $$$$ saved up, and if they reject any offer or any payment arrangement, then you can always PIF to stop being sued.

[Anonymous]

Thanks! Does it make a difference if the acct is in collections or if it is an oc? Your answer makes sense form an oc standpoint but not sure how it works if it is w a CA.

[MarineVietVet]

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@Anonymous wrote:
Thanks! Does it make a difference if the acct is in collections or if it is an oc? Your answer makes sense form an oc standpoint but not sure how it works if it is w a CA.

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Hi there.

You only send a DV letter to a CA, never to an OC.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

[llecs]

The SOL is the same whether it is with the CA or the OC, since SOL starts at the DOFD of the debt itself.