Re: Does the Statute of Limitations Restart when the Debt is Sold to a Third Party
Agree with Aaron. The selling/transfer of a debt from original creditor to a debt collector or debt collector to debt collector does not restart the SOL. If it did, the SOL may never elapse. Some debt collection agencies will try to argue that it does but it does not.
The only action that restarts the SOL in Pa. is payment on the debt.
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