What can I do if an old comes back and haunts me?

4 Answers

The SOL for Written Contracts-5 years, Oral Agreements-4 years, Promissory Notes-5 years, Open-ended Accounts- 4 years.

I live in Florida? What is the SOL period in my state? 

well harker if the debt is past SOL,and off their CR.the OP needs to send an FOAD letter,but yes we need to determine the state as SOL'S vary.please don't state the debt might be past SOL(and would be for most states)then advise them settling.that is ridiculous as paying on this if it is indeed past SOL restarts the SOL.

giving hope to the hopeless,help to the helpless,and hap to the hapless.

What state are you in? The debt might be past the SoL. Try and negotiate a settlement. You can possibly get rid of the debt for a fraction of the original balance.

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