Each situation can be a little different, so it depends.

DLA can refer to the last payment, it could also depend on the acknowledgment (in writing), it can be a right of offset (for CIBC and TD account), and it can also mean when the revolving status changes on your bureau.

Once an account is established as an R9, the creditor will no longer update the "amount past due" column, as the full amount will be owing.

An account (when first assigned to third party collections) is usually an R5 (meaning up to 90 days past due) so, the DLA can change each time the R status changes (ie: R1, 2, 3, 4, 5, & 9).

It's a safe bet that the DLA stated on your bureau is accurate. I've heard of some circumstances (even on this site) where the creditor updated the DLA each time the account gets reassigned to a different collection agency.. that doesn't happen that often.

SO... if your DLA is after 2002 (I believe.. either 04 or 02) it's 2 years. Before it, it's 6.

"It's where the original contract was signed."

OK, thanks Jaimie.

Does the 2-year SOL run from the date the account became delinquent or from the date of the last time the debt was acknowledged (i.e. the last time I made a payment on it)?

It's where the original contract was signed.

Thanks for all the work you put in on this site. It's a great resource.

If a credit card was obtained while I was a resident of Ontario, but I subsequently moved to British Columbia where I defaulted on the debt, under which province's laws is the SOL for this debt determined, Ontario's or British Columbia's? I know the Ontario SOL is 2 years, but I've seen conflicting information on British Columbia's SOL...is it 2 or 6 years?

Thank you.