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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.

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โˆ™ 2007-02-02 02:47:00
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Q: What is the statute of limitations on credit card debt in Florida and Michigan?
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What is the statute of limitations in Florida on credit card collections?

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.


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 for credit card bebt in mi?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Michigan it is one of the longest at 6 years. That is typically measured from the last use or payment.


What is the statute of limitations on closed credit cards in Michigan?

A credit card is an open ended account. Michigan has set the statute of limitations at 6 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.


What is the statute of limitations for credit card debt after default in Florida?

A credit card would be a written agreement. In Florida they have set the limitation at 5 years.


What is the statute of limitations for credit card fraud in Florida?

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.


What is the statute of limitations on a credit card in Florida?

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.


What is the statute of limitations for debts and specifically credit cards in Nebraska?

"What is the statute of limitations for debts and specifically credit cards in Nebraska?"


What is statute of limitations on credit card debt in Washington?

The statute of limitations in Washington state for credit cards is 3 years.


What is the statute of limitation on credit card debt inFlorida?

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.


What statute of limitations for judgments on a credit report in Maryland?

Judgments do not have a statute of limitations on a credit report. They will stay on until they are paid off or satisfied.


What is the statute of limitations in FL with a credit card?

Credit cards are considered Open Ended accounts. In Florida, they have four years to collect or bring suit.


What is Michigan statute of limitations for credit card debt?

The standard limit is 6 years for open lines of credit in Michigan. This is from the last communications by the debtor. They can file claim at any point during this time.


Florida statute of limitations on credit card debt?

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.


Texas statute of limitations on credit card judgments?

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.


How do you determine what the statute of limitations is on a credit card dept from 2001 in the state of Nevada?

http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php


What is the statute of limitations on bad credits?

The statute of limitations for debts reported on your credit report is 7 1/2 years.


Colorado statute of limitations credit card?

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.


Is there a statute of limitations on suing someone for credit card credit?

one year


What is the statutes of limitations in FLorida for unpaid credit card credit card?

Florida has set the statute of limitations at 4 years. A credit card is an open ended account. 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.


What is the statute of limitations for credit cards in the state of Delaware?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Delaware it is 4 years. That is measured from the last use or payment.


What is the statute of limitations of credit card debt in Virginia?

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.


What is the Statute of Limitations for credit card collections in KY?

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.


What is the statute of limitations for credit card debt in ct?

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.


What is the statute of limitations for a credit card debt in the state of California?

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.