My ex-husband was ordered to pay the credit card debts when we divorced. He never paid them and I have never been able to pay them. He died in 2004 and because he had not AGREED to pay these debts, his estate could not be held accountable for them (even though there was a court order). I gave up a huge portion of our joint property so that he would take on the debt and I am still angry that neither the court OR my own attorneys protected me properly.
Credit cards are considered Open Ended accounts. In Arizona, they have three years to collect or bring suit.
The SOL starts on the last date of activity on the credit card. So, don't make any payments or you will restart the SOL. In Arizona, the SOL is 6 yrs on credit cards.
http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php
The statute of limitations for debts reported on your credit report is 7 1/2 years.
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.
one year
Statute of limitations apply to bringing law suits for civil or criminal charges. Reporting of debts on a credit statement is normally limited to 7 years.
4 years
7 years
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.
No, the statute of limitations won't start over again unless you make a payment.
They vary from state to state. See the Related Links section below for a list of states and their statute of limitations.A statute of limitations sets forth the maximum period of time, after the debtor becomes delinquent, that legal proceedings (law suits) can be initiated. After the times shown below, a court will throw out any lawsuit.The type of debt affects the statute of limitations, too. Credit cards are usually considered to be "Open Accounts". Auto loans and other installment-type agreements are considered "Written Contracts".