View Full Version : SOL in New York
 
 eapg9964
Apr 5, 2006, 09:42 AM
What is the SOL for credit card debt in New York?  How do I find out if SOL has run out on a debt?  Do the collection agencies or law firms have to supply proof that SOL has not run out?
 RickJ
Apr 5, 2006, 09:46 AM
http://www.cardreport.com/laws/statute-of-limitations.html
 
For NY, it's 6 years.
 
... but beware: the SOL is based on the date of last activity, which includes affirmation of the debt, payment made, charge to the account... whichever is last.
 eapg9964
Apr 5, 2006, 10:31 AM
What does date of last activity mean?  Affirmation of the debt... does that mean acknowledgement that is by phone or writing or by not responding to a collection letter?
 RickJ
Apr 5, 2006, 12:36 PM
Certainly a letter to the creditor or a phone call discussing the debt could be acknowledgment.  Primarily, though, what sticks folks is the last payment issue:  
Folk want to do the right thing and make a payment... but that sets the clock back another x years.