Results 1 to 2 of 2
  1. #1

    Default When Does Statute of Limitations Start

    My question involves collection proceedings in the State of: North Carolina

    Last payment on debt was July 2009

    Debt went into "default" in December 2009

    I know that the debt is not passed the three year SOL in North Carolina yet, but I just want to know on which date did the SOL start to run. Was it in July, the date of last payment, or December, the date of default?

  2. #2
    Join Date
    Jan 2006
    Posts
    38,867

    Default Re: When Does Statute of Limitations Start

    It should be from the first date of deficiency which, if you make monthly payments, would be Aug 2009.

    1. Sponsored Links
       

Similar Threads

  1. Sex Offenses: When Does the Statute of Limitations for Rape Start to Run
    By justice_22 in forum Criminal Charges
    Replies: 1
    Last Post: 09-03-2009, 07:07 AM
  2. Collection Lawsuits: When Does The Statute of Limitations Start
    By Dazzed and Confused in forum Debts and Collections
    Replies: 4
    Last Post: 08-31-2007, 02:01 AM
  3. Initiation of Charges: When Does The Statute Of Limitations Start To Run
    By MrWillys in forum Criminal Procedure
    Replies: 1
    Last Post: 07-18-2007, 06:54 PM
  4. Collection Lawsuits: When Does the Statute of Limitations Start To Run
    By hiblues in forum Debts and Collections
    Replies: 2
    Last Post: 04-26-2007, 10:39 AM
  5. Defenses: When Does the Statute of Limitations Start to Run
    By Ranger in forum Civil Procedure
    Replies: 8
    Last Post: 08-07-2006, 06:53 AM
 
 
Sponsored Links

Legal Help, Information and Resources