5 years ANSWER Actually, credit card debt in Florida falls under the 4 year SoL (as it is an "open" or "revolving" account and does not fall under "written" (meaning loans, in the simplest terms) accounts. The SoL begins on the last payment made. So if you made your last payment on July 2004, the SoL would expire July 2008. And FTR, a creditor selling your account to a collection agency (or any other "third party" does not constitute activity in terms of reseting the SoL. Meaning, even if another party purchases your debt, the original DOLA (date of last activity) still applies. So even if in August 2007, Bob's Collection Agency buys your debt from Joe's Credit Cards and the DOLA is July 2004, the SoL still expires July 2008. And note that you can still be sued for the debt. SoL expiration just provides what's called "permissible defense" -- meaning, the court will tell the plaintiff in the matter "You lose. You should have sought legal remedies within the past 4 years." HOWEVER, if you ARE sued (and some collection agencies will attempt this, despite SoL expiration), you must still show up in court. Otherwise, you lose automatically by default.
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Florida is 4 years. That is typically measured from the last use or payment.
A credit card would be a written agreement. In Florida they have set the limitation at 5 years.
The statue of limitations on credit card fraud in Florida is 4 years. The credit card company forfeits any legal action to collect debt after 4 years.
A credit card is an open ended account. Florida has set the statute of limitations at 4 years. That will be from the last communications from the debtor. Please note that the credit card may be based on a different jurisdiction which could be longer! Check your agreement for the applicable jurisdiction.
The statute of limitations in Washington state for credit cards is 3 years.
"What is the statute of limitations for debts and specifically credit cards in Nebraska?"
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Florida is 4 years. That is measured from the last use or payment.
Credit 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 Florida Open Accounts are subect to a 4 year statute of limitations. In Michigan Open Accounts are subect to a 6 year statute of limitations.
Judgments do not have a statute of limitations on a credit report. They will stay on until they are paid off or satisfied.
Credit cards are considered Open Ended accounts. In Florida, they have four years to collect or bring suit.
Credit cards are considered open ended accounts. In Florida that is set at 4 years. The time starts from the last acknowledgement of the debt.