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Credit cards are considered "open accounts" the SOL in Arizona is 3 years. SOL's only apply to the time limit in which a creditor can FILE the lawsuit. It is possible to be served with a lawsuit summons after three years if the creditor filed before the SOL expired.
Wiki User
∙ 18y ago
Wiki User
∙ 16y agoCredit Cards are typically considered Open Accounts. The credit card agreement you signed may specify the state laws that will apply to the account and collection activities associated with it. Read the contract and consult an attorney. In Arizona Open Accounts are subect to a 3 year statute of limitations.
Wiki User
∙ 13y agoIn Arizona that would be 6 years. Medical debts are normally documented in writing. That gives them a fairly long period of time in which to collect. And it will be measured from the last acknowledgment of the debt, payment or letter from the person who owes.
Wiki User
∙ 13y agoArizona has set the statute of limitations for an open ended account at only 3 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.
Wiki User
∙ 13y agoIt varies depending on the type of debt. Written agreements, including Promissory notes are set at 6 years in Arizona. Oral agreements and open ended accounts (your credit cards) are set at 3 years.
Wiki User
∙ 17y agoMedical Bills Open Acct.: 3 Written Contract: 6 in Az. - 4 outside Az.
Wiki User
∙ 10y agoIn most cases this is considered a written agreement. In Arizona there is a six year limitation.
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