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Wiki User
∙ 18y agoOpen accounts (credit cards) 3 years from DLA, written contract 5 years from activation date, domestic judgment 20 years, foreign judgment 10 years.
Wiki User
∙ 13y agoCredit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Maryland is 3 years. That would be from the last use or payment.
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What is the statute of limitations on a credit card debt Arizona?
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.
What is the Washington State SOL for old credit cards such as Visa?
3 years from last payment
Can Michigan pensions be garnished by a debt collector?
Not if it is creditor debt, such as credit cards.
Is there a statute of limitations on suing someone for credit card debt?
Yes, credit cards are considered open accounts, all states have SOL's pertaining to the time limit in which a debtor can be sued. You can find out what the SOL for your state is by visiting www.fair-credit-collection.com
What is the SOL on credit cards in the state of Georgia?
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Georgia it is 6 years. That is usually measured from the last use or payment.
In Michigan should you pay off a 7 year debt?
Personally I would walk away because it is beyond SOL for legal recourse, and shouldn't be reporting on your credit reports because the SOL on that is 7 years
When does the 3 year statute of limitations apply in Colorado on credit cards?
The expiration of an SOL is detemined by the date of last activity (DLA) of the account.
What is the statute of limitations for debts to be collected by creditors in a persons death in Michigan?
Credit Cards are classified as Open Lines of Credit in Michigan. The statute of limitations is 6 years. That is measured from the last acknowledgment of the debt by the estate.
What is the statute of limitations when you default on loans and credit cards?
SOL's for debt are determined by the laws of the state in which the debtor resides. In some US states the SOL differs depending upon the type of debt that has been defaulted.
What is SOL for credit cards?
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection varies from state to state. It is somewhere between two years and as long as 8 years. That would be from the last use or payment.
Is credit card debt cleared if seven years passes without it being paid?
The SOL for credit cards, which are considered "open accounts" varies by state. Some are as short as three years most are under seven. Once the SOL for the state of residency has expired, the debt is, by law, no longer collectable.
What credit cards does the Bank of America offer?
Bank Of America offers many different credit cards. It offers cash rewards credit cards, points rewards credit cards, travel and airline rewards credit cards, lower interest rate credit cards, and build or rebuild credit cards.
