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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.

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12y ago

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How do you determine what the statute of limitations is on a credit card dept from 2001 in the state of Nevada?

http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php


Colorado statute of limitations credit card?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Colorado is 3 years. That is measured from the last use or payment.


Is there a statute of limitations on suing someone for credit card credit?

one year


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

4 years


What is the statute of limitations in connecticut for credit card debt?

7 years


What is the statute of limitations for credit card debt in South Dakota?

The statute of limitations on credit card debt in South Dakota is six years. The company is allowed to aggressively pursue payment for that period of time.


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

Is there a cost to find out the staue of limiations in years on credit card debt


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.


How long is the Arkansas statute of limitations for felony check writing?

What is the statue of limitations for credit card debt reporting


What is the statute of limitation on credit card debt inFlorida?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Florida is 4 years. That is measured from the last use or payment.


Does the statute of limitations on credit card debt start over when sent to collections?

No, the statute of limitations won't start over again unless you make a payment.


What is the code section for Delaware statute of limitations on credit card debt?

three years.

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