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#1
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Statute of Limitation?What is the name of your state? Indiana What is the SOL in the state of Indiana. Does that start from the date of last payment received? Last edited by slh9712; 07-25-2002 at 03:10 PM. |
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#2
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| Is Limintion a town in Indiana? I don't know of any statutes there. The SOL clock does begin from the date of last activity. What type of loan are we talking about? SOL timeframes are not the same for all types of debt. Jeter Last edited by Jeter; 07-25-2002 at 01:48 PM. |
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#3
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| IN SOL's: Oral agreement: 6 years Written Contract : 10 years Promissory Note: 10 years Open accounts: 6 years Credit cards are considered Open accounts. Yes, the SOL is measured by the date of the last payment. |
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