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#3
09-21-2009, 08:57 AM
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 Re: Buying a House, Escrow Company Force Me to Clear Past Statute of Limitations Debt <div> Quote: Since the SOL is expired, doesn't that mean I legally satisfied the debt already? <div> No. All expiration of the SOL means is that if the OC or a CA drags you into court, you can raise an affirmative defense of the SOL being expired and have the case dismissed. You still owe the debt, the creditor simply cannot obtain a judgment against you for it.    |
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