Thanks in advance for replies. I have a 2nd home mortg. that has been discharged. The debt has now been sent to a CA. I am in the process of DV. I had a thought, however. I believe this debt is older than the AZ SOL. However, in researching it, I was a bit confused on when the SOL starts in a 2nd mortg. Is it when you receive a letter from the mortg. holder that you are behind? Would it be able to be pinpointed by looking at when the account went negative on the Credit reports? I don't have the letters from that many years ago. If I think it is past SOL on the debt, should I skip the DV and change my letter? Thanks again, Reatha
Date of First Delinquency may be around that date. IF you made small payments, the SOL would be different more than likely. Keep in mind state laws have situations where the SOL is put on hold, or even restarted.
