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The SOL for open accounts (credit cards) in Florida is indeed four years. This means that the creditor must file any litigation before 4 years from time the account was charged off, for the lawsuit to be valid. However, an SOL for any debt in any state is not an automatic defense. If the debtor is sued it is his or her responsibility to provide evidence to the court that the state SOL is a legitimate defense. Also, the majority of state courts experience backlogs of cases, meaning the creditor could file suit before the time limit expires, but the debtor would be served with the summons months or even years after the SOL's date.

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โˆ™ 2006-04-01 20:37:13
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Q: Is it true that a debtor cannot be sued for credit card debt in Florida after four years have passed?
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