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.

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Answered on 3/15/08, 6:08 pm


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