0
Does a verbal acknowledgement of a credit card debt reset the statute of limitations in Virginia?
Wiki User
∙ 11y ago
Yes it certainly will. Any acknowledgment of the debt starts the period over again.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the statute of limitations on a credit card debt in virginia?
Credit cards are considered Open Ended accounts. In Virginia, they have three years in which to collect or bring suit, or receive re-validation of the debt through payments or other acknowledgement.
What is credit card statute of limitations for Indiana?
That would be classified as a written agreement in indiana. That sets the limit at ten years from the last acknowledgement of the debt.
What is the statute of limitations on unsecured credit cards in California?
These are normally classified as a written agreement. In California that means the limit will be four years from the last acknowledgement of the debt.
What is the statute of limitations in Oregon on credit card debt?
That would be classified as a written agreement in Oregon. That sets the limit at six years from the last acknowledgement of the debt.
What is the statute of limitations of a credit card in Texas sold to a third party?
That would be classified as a written agreement in Texas. There the limit is four years from the last acknowledgement of the debt.
What is the statute of limitations in ct for an open ended account?
Most credit cards are considered open ended accounts. In Connecticut that would be three years from the last acknowledgement of the debt.
What is the statute of limitations on credit card debt in SC?
That would be classified as a written agreement in South Carolina. That sets the limit at only three years from your last acknowledgement of the debt.
What is the statute of limitations on credit card debt resumed after bankruptcy in Florida?
That would be classified as a written agreement in Florida. That sets the limit at five years from the last acknowledgement of the debt.
How do you determine what the statute of limitations is on a credit card dept from 2001 in the state of Nevada?
http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php
What is the statute of limitations on bad credits?
The statute of limitations for debts reported on your credit report is 7 1/2 years.
Colorado statute of limitations credit card?
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Colorado is 3 years. That is measured from the last use or payment.
Is there a statute of limitations on suing someone for credit card credit?
one year
