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In the Philippines, the statute of limitations for credit card debt is typically 10 years, as it falls under the provisions for written contracts. This period begins from the date of default or the last payment made. If the debt has been charged off and sold to a third party, the same 10-year limitation applies, starting from the original debtor's last transaction or payment. However, it's advisable to seek legal advice for specific cases, as nuances may vary.

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5d ago

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