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Sure does. You've acknowledged the debt and the SOL time starts all over again.

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Q: If the statute of limitations for debt in Indiana had passed and then you make a payment does that make the SOL null and void?
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Is there a statute of Limitations on Local income tax for Ohio?

There is a three statute of limitation for the state and the localities in Ohio. They can not press collections, nor can they refund money are the statute of limitations has passed. If money was paid to the wrong locality and it is discovered at the statute of limitations has passed, the correct city must allow a credit for the amount paid to the original locality.


Can a credit card company sue you after 11 years have passed?

It depends on the statute of limitations in the state where the credit card company is seeking legal action. In some states, the statute of limitations for debt collection is typically around 3-6 years, but it can vary. After the statute of limitations has expired, the creditor is generally barred from suing for repayment of the debt.


How do you use the word statute of limitations in a sentence?

Susan wanted to sue her brother to repay a loan but the statute of limitations had passed for enforcing the promissory note in court.


Can a credit card company sue you after fourteen years?

This will depend on the statute of limitations in your state but there are also other factors that will determine whether or not they can as well. The statute of limitations for your state is dependent on when the last time you made a payment or used the card. So, if you made a payment two years ago on the debt but it's been fourteen years since the last item was charged on your card you only have two years towards the statute of limitations not fourteen. Often, credit card company collection agencies will tell you that they will sue you even if the debt has passed the statute of limitations in order to try to collect on outdated debt. After the statute has passed the company has no legal right to collect it. Additionally, in most cases if the debt is more than 10 years old since the last payment had been made, it is not allowed to be on your credit report. Interestingly, if your states statute of limitations is five years, it can still be posted to your credit report until the 10 years has fully elapsed.


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What happens after Georgia's 4 year statute of limitations expires for felony domestic violence?

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