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Can someone else reset your SOL?

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Ryanpm90
Valued Member

Can someone else reset your SOL?

Kind of an odd issue, If another person pays a bill for you using their debit card does that reset the SOL on a debt for you? 

 

Message 1 of 5
4 REPLIES 4
collics
Established Contributor

Re: Can someone else reset your SOL?

The SOL is how long a company can sue you for a debt. Is that what your talking about?

 

Or do you mean the time for an account to fall off your reports?

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Message 2 of 5
OmarGB9
Community Leader
Super Contributor

Re: Can someone else reset your SOL?

I'm assuming you mean a delinquent/charged off debt. Was this debt paid in full with said debit card? If so, then SOL is a moot point.


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Message 3 of 5
Ryanpm90
Valued Member

Re: Can someone else reset your SOL?

The account was delinquent and a payment was made, however it was not brought current with that payment. 
My bank statement from that time period proves that I did not personally make the payment. 

 


 

Message 4 of 5
gdale6
Moderator Emeritus

Re: Can someone else reset your SOL?


@Ryanpm90 wrote:

The account was delinquent and a payment was made, however it was not brought current with that payment. 
My bank statement from that time period proves that I did not personally make the payment. 

 


 


You need to refer to your states laws on what can reset the SOL Some will say a payment will reset it but most will say that a new promise to pay in writing must be done.

Message 5 of 5
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