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No. This is the statute of limitations is an issue where consumers need to become well informed. Several state SOL's do not apply if the debtor leaves the U.S., the state itself or commits an act that can be deemed fraudulen. Fraudlent meaning the use of false or misleading information of any sort to deny the creditor the right at an attempt to recover monies owed. It is a myth that someone can "hide out" until the SOL expires and thereby become debt free. This is a ploy used by unethical companies claiming to have the ability to erase debts or "fix" credit reports. A judge can rule an SOL invalid if there is evidence that the debtor(s) committed a deliberate act of fraud as defined by the state laws or in some cases the UCC. In addition, an SOL argument is only valid if it is brought forth as a defense by the debtor. It is not an automatic cancellation of debt obligations. SOL's only pertain to the amount of time in which the creditor can file litigtion to recover monies owed.

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โˆ™ 2006-03-18 15:42:34
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Q: Do California SOL's for debt apply when the debtor has relocated to the United Kingdom?
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