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.
Arizona 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.
http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php
The statute of limitations in Washington state for credit cards is 3 years.
The SOL starts on the last date of activity on the credit card. So, don't make any payments or you will restart the SOL. In Arizona, the SOL is 6 yrs on credit cards.
The Statute Of Limitation for credit card judgments in Texas is four years. The Statute Of Limitations is a time frame as to when companies can sue you for money owed.
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.
one year
Yes
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Virginia is 3 years. That is usually from the last use or payment.
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Kentucky is 5 years. That is measured from the last use or payment.
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Connecticut is 3 years. That is typically measured from the last use or payment.
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in California is 4 years. That is normally from the last use or payment.