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    eapg9964's Avatar
    eapg9964 Posts: 3, Reputation: 1
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    #1

    Apr 5, 2006, 09:42 AM
    SOL in New York
    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's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #2

    Apr 5, 2006, 09:46 AM
    http://www.cardreport.com/laws/statu...mitations.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's Avatar
    eapg9964 Posts: 3, Reputation: 1
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    #3

    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's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #4

    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.

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