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Good afternoon.The statute of limitations would start to run, from the time of the last payment. If a payment was due and owed on the 1st of the month and never paid, as a result of there being insufficient funds, the time would start to run from them. An attempt to pay does not count as a payment, since no money was ever paid and applied to the debt.
Correct. If that is what happened and you never paid them and money was never received, you would not receive credit to that account, for the month it was due.
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