No acknowledgment or promise shall be sufficient evidence of a new or continuing contract whereby to take the case out of the operation of this chapter unless it be contained in some writing signed by the party to be charged thereby. But payment of any part of principal or interest is equivalent to a promise in writing.
S.C. Code Ann. § 15-3-120
Effect of new promises in writing or part payments
Applied in 2 court decisions — leading case In re Vaughn (2015)
Most recently applied in In re Washington (March 2017)
1962 Code SECTION 10-112; 1952 Code SECTION 10-112; 1942 Code SECTION 368; 1932 Code SECTION 368; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.