Ask Experts Questions for FREE Help !
Ask
    lmoorecod's Avatar
    lmoorecod Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 3, 2011, 09:22 AM
    What is an sol?
    I keep seeing this term SOL and I don't know what this term means.. help.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #2

    Jan 3, 2011, 09:27 AM

    Statute of Limitations - the time has ended for something
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #3

    Jan 3, 2011, 09:53 AM

    Correct, since you are posting in bankruptcy and debt it would be the legal length of time a creditor has to collect on a debt. For example, if I had not paid anything at all on my credit card debt for 7 years (varies state to state) then the credit company could no longer get a judgement in court forcing me to pay. Statute Of Limitations For Debts
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is the sol up or not? [ 1 Answers ]

I am a GA resident, I signed a contract for a car April, 2002... per GA law the sol a written contract sol is for 6 yrs. The car was repo. Once (dont recall what year/month) and per my credit reports the last payment was Aug. 2004 so it was defaulted for the second time Sept. 2004... Is the sol up...

What is the SOL [ 9 Answers ]

First of all I live in Ontario Canada I have numerous debts and from reading this area I have seen 6 year SOL and 2 year S0L as of jan 04 what is it? Also (two parter here) to my understanding someone can make a statement of claim against you up to 6 years (or 2 years depending on the first part...

Sol [ 2 Answers ]

What are the SOL for judgments in the state of NY, I recently filed a small claims for monies that are being executed through my husbands payroll for an old medical bill. Monies that should have been originally paid by insurance. When this originally went to court I was not given enough time...

Sol [ 1 Answers ]

:confused: I need help. I live in Tennessee and need to know when the SOL begins exactly. Thank you, Debby

View more questions Search