What can cause the statute of limitations to reset on a credit card debt in the State of California? Can a Pay For Delete letter reset the statute? The letter does state that the debt is not mine but that I'm offering to pay the balance in order to have the debt removed from my credit report.
Real Estate Attorney
Agreements to pay the debt or actual payments will restart the statute of limitations. If debt is not yours why is it on your credit file? You can ask credit reporting agency to remove it.
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