Did I Start the Clock Ticking Again on the Statute of Limitations
My question involves collection proceedings in the State of: Georgia
I live in GA. I defaulted on a credit card in 2000 in the amout of $1700. I've received calls/letters over the years from various collection agencies, but I've never taken their call or responded to letters. The debt has now been turned over to an attorney. Last week, an attorney told me that her client would most likely sue if I didn't settle or make a satisfactory payment arrangement and could possibly garnish my wages. This scared me, so I paid $25 by debit card that day as a good faith effort and told the attorney I would see what I could do as far as a payment arrangement is concerned and get back with them. I'm trying to figure out if I have started the clock ticking again by making the payment so many years later. I'm seeing conflicting information on the intenet and don't have the money to hire an attorney. In GA, is the SOL from the date of default or date of last activity? Thank you.
Re: Did I Start the Clock Ticking Again on the Statute of Limitations
In Ga. the SOL (clock) is restarted by a payment made on the debt or filing bankruptcy (if bankruptcy is later dismissed and the statute has run, there is 30 days from the dismissal date to extend the statute.)
You shouldn't have made any payment at all.
Re: Did I Start the Clock Ticking Again on the Statute of Limitations
Thank you. I wish I would have researched before making the payment.
Re: Did I Start the Clock Ticking Again on the Statute of Limitations
You're welcome - sorry I couldn't give you the answer you wanted to hear.