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SOL question

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Chanduwar
Frequent Contributor

SOL question

If my DOFD or DOLA reported is July 05 and SOL is 3 years what would be the end date of SOL. Would it be June 08?
 
 
 
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: SOL question

SOL is determined by the DOLA...
Message 2 of 3
gdtobefree
Established Contributor

Re: SOL question

SOL is determined by EITHER of the 2.
 
If an account is paid or showing 0 balances but was a derog acct at some time, then it will probably have a DOLA and no DOFD
 
If an account is still a derog then it will go by the DOFD.
 
If an account has been in good standing and was never a derog it is by the DOLA.
 
Your SOL date in question would be the end of JULY 08


Message Edited by gdtobefree on 06-21-2008 12:52 PM
Message 3 of 3
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