Need some confirmation on this topic regarding SOL. Example: 4 years would be status of limitation on an open end account. The account is now in collection. So I decided to make a payment right before the SOL ended. Do this payment begin the SOL all over again to collect the debt and do also begin the 7 years all over again period with the CRA's.
http://consumers.creditnet.com/stra...d.php?s=&threadid=42719&highlight=restart+sol this is one thread in regards to this issue...let me weed through the rest of my search results...
http://consumers.creditnet.com/stra...d.php?s=&threadid=20271&highlight=restart+sol LOL I am getting myself more and more confused!!