Statute of limitations for credit card debt in Colorado?

Answer 1

6 YEARS

**Confirmed**

13-80-103.5. General limitation of actions - six years.

(1) The following actions shall be commenced within six years after the cause of action accrues and not thereafter:

(a) All actions to recover a liquidated debt or an unliquidated, determinable amount of money due to the person bringing the action, all actions for the enforcement of rights set forth in any instrument securing the payment of or evidencing any debt, and all actions of replevin to recover the possession of personal property encumbered under any instrument securing any debt; except that actions to recover pursuant to section 38-35-124.5 (3), C.R.S., shall be commenced within one year;

(b) All actions for arrears of rent;

(c) All actions brought under section 13-21-109, except actions brought under section 13-21-109 (2);

(d) All actions by the public employees' retirement association to collect unpaid contributions from employers for persons who are not members or inactive members at the time the association first notifies an employer of its claim for unpaid contributions. This paragraph (d) shall apply to causes of action as provided in section 24-51-402 (2), C.R.S.

(e) All actions brought for restitution and civil penalties pursuant to section 25.5-4-306, C.R.S.

Source: L. 86: Entire article R&RE, p. 697, § 1, effective July 1. L. 87: (1)(a) amended, p. 568, § 4, effective July 1. L. 89: (1)(c) added, p. 757, § 5, effective July 1. L. 95: (1)(d) added, p. 562, § 20, effective May 22. L. 2001: (1)(e) added, p. 326, § 2, effective July 1. L. 2002: (1)(a) amended, p. 1331, § 1, effective July 1. L. 2006: (1)(e) amended, p. 2001, § 48, effective July 1.

Editor's note: This section was contained in an article that was repealed and reenacted in 1986. Provisions of this section, as it existed in 1986, are similar to those contained in 13-80-110 as said section existed in 1985, the year prior to the repeal and reenactment of this article.

Answer 2

It depends entirely on the state jurisdictions. It can vary from as little as 2 years to as long as 10 years. Check the state laws that apply to the contract you signed, which will probably set the law in the most favorable (longest) time frame.

Answer 3

depending what country your in ,uusually 7 years.

Answer 4

Do you mean, how long will it take the credit card company to stop bothering you? It continue in one way or another until you have the debt discharged through bankrupty.

Answer 5

That will depend on the jurisdiction in question. It could be as low as 2 years or as long as 12.

Answer 6

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

Answer 7

Three years from the DLA.