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My ex talked me in to getting a new vehicle a few years ago. I was under the impression that she was cosigning for the vehicle, and i was the primary borrower. Evidently, we are both listed as co owners but we both have the ability to sell it with only one of our signatures. She had someone...

Can somebody translate this into lamens terms for me? My interepretation is that a third party making a payment on behalf of the debtor does not reset the statute of limitations. Thanks "Where payees of a note were authorized to collect certain accounts due makers and apply the proceeds to...