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What is statute of limitation for charge off on a credit card in Indiana?
Wiki User
∙ 13y ago
Indiana has set the statute of limitations for an open ended account at 6 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoCredit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Indiana is 6 years. That is measured from the last use or payment.
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The statute of limitation for unpaid credit cards in N.Y. is 7 years.
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The limit does not exist!
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What is the statute of limitation for ex spouses credit card debt in Illinois?
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What is credit card statute of limitations for Indiana?
That would be classified as a written agreement in indiana. That sets the limit at ten years from the last acknowledgement of the debt.
How do you get a paid charge off removed from your credit report?
Getting A Charge-off RemovedLook at the date of last activity, check the statue of limitation for your state, and if it's older then the statue of limitation dispute it. If not you will have to ride it out until it reaches the Statue of Limitation.
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A credit card or other bill is usually a written agreement. In Texas they have set the limitation at 4 years.
