SOL questions

[kat717]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

[frozengrapes]

I noticed that Fulton, Friedman and Gulla put soft inquiries on my credit report within 2 days of a credit card application. This has happened twice. I think this is a law firm affiliated with Asset Acceptance, as they are located in Warren, MI, like Asset is. So I think Asset must put subscribe to this collection score product. Hope they are just looking and not taking action.

[byronm]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

 

The SOL is based upon the state you lived in when opening the contract or the state you currently reside in. Creditor can choose.

[kat717]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

 

The SOL is based upon the state you lived in when opening the contract or the state you currently reside in. Creditor can choose.

 

How can I find out which one the creditor chose to use? Do I have to ask them directly?

[ChicagoBoss]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

 

The SOL is based upon the state you lived in when opening the contract or the state you currently reside in. Creditor can choose.

 

How can I find out which one the creditor chose to use? Do I have to ask them directly?

 

That's a great question! I'm sure if you call them you can coax the info out of them. I once called a collection agency in regarding one of my accounts in an attempt to settle the account and have it deleted. Well, things got a bit heated and I wound up telling the rep that I decided that I wasn't going to pay her a dime because the account was most definately outside of the SOL. The rep proceeded to give me the exact date that the SOL would expire on my account, as well as a few other juicy tidbits of info.

 

So my suggestion, call and tell them that your account is outside of the SOL, then wait for the response. Let them give you all of the info you need.

[TampaDude]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

 

The SOL is based upon the state you lived in when opening the contract or the state you currently reside in. Creditor can choose.

 

How can I find out which one the creditor chose to use? Do I have to ask them directly?

 

That's a great question! I'm sure if you call them you can coax the info out of them. I once called a collection agency in regarding one of my accounts in an attempt to settle the account and have it deleted. Well, things got a bit heated and I wound up telling the rep that I decided that I wasn't going to pay her a dime because the account was most definately outside of the SOL. The rep proceeded to give me the exact date that the SOL would expire on my account, as well as a few other juicy tidbits of info.

 

So my suggestion, call and tell them that your account is outside of the SOL, then wait for the response. Let them give you all of the info you need.

 

Just make sure they aren't lying to you.

[kat717]

In the past 10 years I have lived in 5 states and 2 different countries due to military. Would my SOL be my home of record or wherever I was during the initiation credit approval?

 

The SOL is based upon the state you lived in when opening the contract or the state you currently reside in. Creditor can choose.

 

How can I find out which one the creditor chose to use? Do I have to ask them directly?

 

That's a great question! I'm sure if you call them you can coax the info out of them. I once called a collection agency in regarding one of my accounts in an attempt to settle the account and have it deleted. Well, things got a bit heated and I wound up telling the rep that I decided that I wasn't going to pay her a dime because the account was most definately outside of the SOL. The rep proceeded to give me the exact date that the SOL would expire on my account, as well as a few other juicy tidbits of info.

 

So my suggestion, call and tell them that your account is outside of the SOL, then wait for the response. Let them give you all of the info you need.

 

Just make sure they aren't lying to you.

 

I know my SOL is coming up just unsure if it now on soon. The Original agency is over 6 1/2 years ago.

[ICANHASMUNY?]

statute of limitations is based on your state laws - and SOL's and laws governing when, where, and which state applies, vary greatly from state to state.

 

 

 

but basically it will be based on one of these three;

 

on the state where you are currently living; ( the law of the forum ) Lex Fori

where the cause of action accrued ( where you were living when you first missed a payment ) Lex Loci delicti commisi

where the lender is located lex loci solutionis ( where the relevant performance is )

 

or where the contract was signed Lex loci contractus

 

 

and the Doctrines are all in Latin because these are, infact, Old Roman Empire legal doctrines that have survived into modern times. .

 

 

there is a "state law forum" here - ( hence my title. ... ) click on this link http://creditboards....dex.php?act=idx and scroll down....and you can review your states laws, and the borrowing statutes.

 

 

if the information is missing, or the links are broken, PM me.