Legal Question in Credit and Debt Law in Texas
statuet of limitations for suing*
If someone buys an old debt does the the SOL* begin again with the new debt owner at the time of purchase
Asked on 3/15/08, 5:14 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: statuet of limitations for suing*
No. The statute of limitions is determined by the last payment activity on the account.
Answered on 3/15/08, 6:08 pm