New Jersey has set the statute of limitations at 6 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.
The statute of limitation on credit cards in Alba is 3 years.
The statute of limitation for unpaid credit cards in N.Y. is 7 years.
Coincidence? I just yesterday read a book that had a chart of the statute of limitations for debts in every state. According to the book, Florida is four years for "open accounts," like credit cards and five years for written contracts.
4 years for store credit cards and 15 years for bank credit cards
Credit cards are considered Open Ended accounts. In Arizona, they have three years to collect or bring suit.
That will depend on the type of debt you are talking about. Oral agreements in California have a limit of 2 years. Promissory notes, Open accounts (credit cards) and Written agreements have up to 4 years.
In Canada, one must be at least 18 years of age in order to apply for a credit card. Once a credit card is issued, the main limitation is the available credit, which is the maximum outstanding amount you can have on your credit card at any given time.
It will depend on the specific type of debt. Written agreements, including Promissory notes and open ended accounts (credit cards) are set at 4 years in California. Oral agreements have just 2 years to file suit.
http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml Check out this site, it will tell you all you need to know.
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.
Credit cards are considered Open Ended accounts. In Virginia, they have three years to collect or bring suit.
These are going to be written agreements. As that, it is 4 years in California.