How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Barrister Your Own Question
Barrister, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 33226
Experience:  Attorney with 15 years experience in various consumer protection areas
Type Your Consumer Protection Law Question Here...
Barrister is online now
A new question is answered every 9 seconds

I had a credit card with USAA federal savings bank for many

This answer was rated:

I had a credit card with USAA federal savings bank for many years. Well I had some financial issues
years back and wasn't able to pay a $20k credit card debt. Now the date of last activity was 2008 and with
the Statute of Limitations here in Texas being 4 years it has expired.

Well I've heard that acknowledging the debt can RESTART the SOL on and then they can sue me if they
wish. Well when I called USAA to cancel my Auto Insurance they told me that because I had a past
Mastercard that didn't get paid that if I canceled my auto insurance I could no longer go back to USAA

I said ok that's fine so I guess I pretty much acknowledged the debt sort of.

What problems do you think I might be facing?
Hello and thank you for using JA! My goal is to provide you with excellent service and help with your legal problem.
Simply admitting that you had a prior debt that was unpaid would not serve to give the creditor grounds to restart the SOL. It would require something like you actually paying something towards the debe to legally "acknowledge" it so as to restart the SOL.
So I don't think that you have anything to worry about with the old debt being reinstated and being legally collectible now.







If you need further help, just reply to me via the “REPLY” button and I will be happy to continue.


I cannot enter into an attorney client relationship, this is a public forum, and all posts are available for public viewing. There is no duty of confidentiality that attaches to any posts. The information provided is not a substitute for a local attorney’s legal advice.

Customer: replied 3 years ago.

I'm confused....I've been reading what can restart the SOL on many sites and it states that making a payment and/or even acknowledging the debt can start the SOL all over again.

The "acknowledgment" is done by making any type of payment on the debt or by agreeing to pay the debt in writing. Merely stating that you realize that you had a debt does not serve to legally acknowledge it.
So unless you made a payment on the debt or signed something agreeing to pay it, you haven't legally acknowledged it.
Barrister and 5 other Consumer Protection Law Specialists are ready to help you

Related Consumer Protection Law Questions