Legal Question in Credit and Debt Law in Texas
Re-starting the statute of limitations
Can you re-start the clock by acknowledging the debt in writing or do you have to make a payment?
Thanks,
Asked on 10/09/07, 1:50 pm
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: Re-starting the statute of limitations
I hope you aren't considering doing this. Acknowledging the debt in writing will extend the statute of limitations whether or not you make a payment. I know of no good reason why a person would do this.
Answered on 10/09/07, 3:42 pm