looop hole for not having to pay?

Discussion in 'Credit Talk' started by haybelly, Apr 1, 2004.

  1. haybelly

    haybelly Well-Known Member

    Certain debts may not be enforceable if the lender fails to attempt to collect them for a period of time; debtors may invoke a legal principle called the "defense of laches".

    Could anyone elaborate on this?

    Found this on the DOE website, unfortunately it doesn't apply to student loans as nothing appears to apply to student loans. GRRRR
     
  2. aikidokap

    aikidokap Well-Known Member

    Wait...tell us more!

    They are coming after you to pay someone else's student loans? Surely there are ways to deal with this.

    aiki
     
  3. hiding90

    hiding90 Banned

     

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