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It will re-start the time frame in every jurisdiction. The payment represents an acknowledgement of the debt.

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Q: Does making a payment on a contract restart the limitations in California?
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Will disputing a old debt on your credit report restart the statute of limitations in NY?

No, only making a payment, promising to make a payment, or providing a letter of reaffirmation of the debt can reset the statue of limitations.


What can restart the statute of limitations on medical bills?

There are a number of ways to extend the statute of limitations. Any payment toward the bill will restart the clock. Any acknowledgement that the debt is owed starts the clock over. If they call and you say, "Yes, I know I owe it" you have started the clock again.


Does statute of limitation on debt restart when sold to new collections?

The Statute of Limitations runs from when the debt is incurred. It is not restarted if the debt is sold. The only way it can be extended is by a payment, or lawsuit.


Will making a first payment on a debt after the statute of limitations has run out reset the statute of limitations in New York?

It may not reset the date entirely, but it can affect the SOL. You need to do some research on the internet regarding NY SOL. Or, better yet, contact an attorney knowledgeable about consumer law in that state. SOL is a state law. * Yes, even a token payment will restart the SOL. SOL's begin from the date of last activity on the defaulted account, therefore when if a payment is made it will be considered the DLA on the account.


Does discussing an old debt with an collector restart the statute of limitations?

It can restart the clock if the debt is acknowledged. It is better not to talk to collectors and certainly not admit to owing the money.


Florida statute of limitations on credit card debt?

Last payment on the debt is usually the date. Some of them are going to be the last time you talked with them about it. SOL's begin upon the date of last activity on the account. In most cases that will be when the creditor enters the account as a charge off, which will usually be 180 days after the account holder has defaulted. If the debtor makes a payment of any amount or in some instances agrees to make a payment the SOL will restart. The SOL will also restart if the debtor moves from his or her current state of residency to a new state.


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What is the statute of limitations on a credit card debt Arizona?

The SOL starts on the last date of activity on the credit card. So, don't make any payments or you will restart the SOL. In Arizona, the SOL is 6 yrs on credit cards.


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