help for SOL illiterate!!!!

Discussion in 'Credit Talk' started by gmaof1, Mar 2, 2004.

  1. gmaof1

    gmaof1 Well-Known Member

    I understand what the SOL is. I know how to find out what they are in each state. I'm struggling to understand what each type of account is -
    OPEN ENDED is ??????
    PROMISSORY is ?????
    WRITTEN is ???????
    ORAL is ???????

    What does a doctor bill fall under? How about a utility company? Any examples would be GREATLY appreciated!!!!
     

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