Does the debt go by old or new statues?

If a debt acquired when the Sol was 6 years then your state changes it to 4 years. Does the debt go by old or new statues?

3 Answers

My previous poster is right. The statues will apply for that time when the debt acquired.


The SoL clock on the debt will be in tune with the old time limit since the loan was originated at the time the old statute was in effect.


It will go by the old statues.


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