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Answered 2010-03-23 07:17:29

Answer #1: The SOL for open accounts such as credit cards is four years. This time limit applies to lawsuits only, not to how long a debt is valid. There are not laws pertaining to the time when collection for debt(s) cannot be pursued.

Answer #2: If you kept your statements showing the date you made your last payment and the date you were delinquent, you can prove that the statute of limitations has expired. If the debt collector files a lawsuit against you, you can take your credit statements before a local judge and have the matter easily settled in your favor. Third-party debt collectors that have purchased your account are subject to the "cease and desist" provision of the Fair Debt Collection Practices Act. You can send them a letter telling them to stop contacting you, and by law they have to stop. You should check your local county court website and search your name to see if any lawsuits have been filed against you in the past. Chances are, if it's been four years or more, anything filed against you has long since been dismissed and purged from court records.

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