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Q: What three letters represent an acknowledgement of a debt?
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What is the statute of limitations on credit card debt in SC?

That would be classified as a written agreement in South Carolina. That sets the limit at only three years from your last acknowledgement of the debt.


What is the statute of limitations on verbal agreements in Texas?

For debt collection it is four years in Texas. That is from the last point of acknowledgement of the debt.


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

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.


What is the statute of limitations in ct for an open ended account?

Most credit cards are considered open ended accounts. In Connecticut that would be three years from the last acknowledgement of the debt.


What is the statute of limitation on collection of a debt in state of Florida?

They have up to five years in Florida. The clock starts when the last debt acknowledgement occurs.


What is statute of limitation in Georgia for credit card debt?

These are normally classified as a written agreement. In Georgia that means the limit will be six years from the last acknowledgement of the debt.


Are you responsible for a debt from 2003?

That depends on the state or country in question. The date starts from the last payment or acknowledgement of the debt. In some places it is as long as 10 years.


Does a verbal acknowledgement of a credit card debt reset the statute of limitations in Virginia?

Yes it certainly will. Any acknowledgment of the debt starts the period over again.


What are the statutes of limitations on Credit card debt in Missouri?

In Missouri these are normally classified as a written agreement. That means the limit will be ten years from the last acknowledgement of the debt.


What is the statute of limitations in Oregon on credit card debt?

That would be classified as a written agreement in Oregon. That sets the limit at six years from the last acknowledgement of the debt.


How is the 6 years determine for statute of limitations on debt?

The limitation varies from state to state. The time frame is figured from the last acknowledgement of the debt, a payment or even an agreement.


What is the statute of limitation on credit card debt forgiveness in AZ?

That would be classified as a written agreement in Arizona. They have set the limit at six years from the last acknowledgement of the debt.