What is the name of your state (only U.S. law)? Florida
Did the debtor's statement restart the SOL clock?
As background, I have a signed promissory note that is older than 5 years old, which I believe is the SOL in FL. Fast forward to late last year where I emailed the debtor reiterating the terms from our promissory note (outstanding balance, monthly agreement) in an attempt to work out a new repayment plan.
In his reply, he does not dispute any of the promissory note terms and states that "I will call you tonight so we can establish a plan for you to be paid back ... I am going to make payments to you"
Did this statement restart the SOL clock? If not, what exactly needs to happen in FL for a SOL clock to get reset?
Thanks in advance!
Did the debtor's statement restart the SOL clock?
As background, I have a signed promissory note that is older than 5 years old, which I believe is the SOL in FL. Fast forward to late last year where I emailed the debtor reiterating the terms from our promissory note (outstanding balance, monthly agreement) in an attempt to work out a new repayment plan.
In his reply, he does not dispute any of the promissory note terms and states that "I will call you tonight so we can establish a plan for you to be paid back ... I am going to make payments to you"
Did this statement restart the SOL clock? If not, what exactly needs to happen in FL for a SOL clock to get reset?
Thanks in advance!