Credit cards are considered Open Ended accounts. In Virginia, they have three years in which to collect or bring suit, or receive re-validation of the debt through payments or other acknowledgement.
http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php
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
4 years
7 years
The statute of limitations on credit card debt in South Dakota is six years. The company is allowed to aggressively pursue payment for that period of time.
Is there a cost to find out the staue of limiations in years on credit card debt
Yes it certainly will. Any acknowledgment of the debt starts the period over again.
What is the statue of limitations for credit card debt reporting
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.
No, the statute of limitations won't start over again unless you make a payment.
three years.