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The statue of limitation is 4 years from the date of last activity.

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If the statute of limitation in Michigan is 6 years-is it 6 years from the last payment you have made on a credit card.?

Yes, 6 years is the SOL on credit card debt in Michigan. It is not only the last payment made on the card. If you made a charge on the card after the payment then it would be after that. Basically the SOL clock starts ticking when the last activity was made on the card by YOU - not the credit card company. Once that period is up, you can no longer legally be sued for the debt. Although some collection agencies will try it. Learn your debt collection rights by reading up on the FDCPA.


Why can't credit card collectors take you to court in Texas?

Creditors have the legal option to sue a debtor for default in financial contracts in Texas and every other U.S. state. However, Texas has a rather unusual statute which does not allow a judgment creditor to garnish the judgment debtor's wages unless there are no other options for collecting the debt. A judgment creditor can, levy a bank account, place a lien on real property, request liquidation of non exempt property, such as stocks, bonds, etc. owned by the judgment debtor.


Statute of limitations credit card 15 years old North Dakota?

In North Dakota, the statute of limitations for credit card debt is typically 6 years. After this time period, the creditor may not be able to sue you to collect the debt. If your debt is 15 years old, it is likely past the statute of limitations and you may not be legally required to pay it. However, it's important to be cautious, as making a payment or acknowledging the debt could restart the statute of limitations.


Can a credit card company sue you after 11 years have passed?

Normally it has to be within your states statute of limitations. That varies state to state.Also the amount of time which passed since your last payment was made would be the beginning of the "clock".


Can a collection agency file a judgment on you for credit card debt in Texas?

No. A collection agency has no legal authority. They can refer the account to a collections attorney who can then file a lawsuit for the debt owed. Yes! A collection agency has the right to file a lawsuit as the assigned creditor under the agreement that you signed when applying for the credit card.

Related Questions

What is the statute of limitation on credit card debt in New york?

The statute of limitation for unpaid credit cards in N.Y. is 7 years.


What is the statute of limitations of a debt in Texas?

A credit card or other bill is usually a written agreement. In Texas they have set the limitation at 4 years.


What is the statute of limitation for a credit card debt?

The limit does not exist!


What is the statute of limitation on credit card debit default?

Limited edition.


How long is the statute of limitation on a credit card debt in MN?

7 years


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.


What is the statute of limitation for ex spouses credit card debt in Illinois?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Illinois is 5 years. That is measured from the last use or payment.


What is the statute of limitation on credit card debt in the state of Alabama?

A credit card is an open ended account. In Alabama the statute of limitations at 3 years. 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.


What is the statute of limitation for credit card debt in RI?

Rhode Island has set the statute of limitations at 4 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.


What is the statute of limitation on credit card debt in Kansas?

A credit card is an open ended account. Kansas has set the statute of limitations at 3 years. 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.


What is the Morth Carolina Statute of Limitation for credit card debt?

North Carolina has set the statute of limitations at 3 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.


What is the statute of limitation on credit card in New Hampshire?

New Hamphsire has set the statute of limitations for an open ended account at 3 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.