http://www.businessw...ot-y-dot-accord
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this all Ties back to PRA v King , a state appeals court ruling citing the NY Borrowing Statute.
Even though NY has a 6 year SOL, they apply the lenders home state Statute of Limitations to the account, because that is where the economic injury occured,
http://www.ag.ny.gov...s-unlawful-debt
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Sherman Financial group is AKA; LVNV Funding, PYOD, Resurgent Capital Services.
$16 Million in Judgments, $475K fine.