I was reading one of the answer forums and am quoting a paragraph, in part by Studly:
';But from my researching several states SOL laws, the most common definition for the beginning of the SOL period is the ';last transaction date';. In several states (including my state of Michigan) it goes on to specifiy that it is the ';last time a charge or payment is made to the account';.
I live in Michigan and have received unfiled court documents from a debt lawyer.
They are threatening to sue over an old debt.
I would like to know where you researched ';last time a charge or payment is made to the account'; so that I can directly quote that part of the Sol as a response to any ';real'; petition I may receive in the future?
My last payment to the credit card company was May 2000. Studly, if you have a link you could provide to that specific information, I would appreciate if you could post it or just e-mail it to me? Also, could you explain a little more about what re-dating is?
Thank You!