Posts Tagged ‘statute of limitations’


What is the SOL for credit cards in Ohio?

I have been searching for solid evidence of what the statute of limitations is on collecting a debt for a credit card. I have found everything from 4 years to 15 years but nothing with any actual legal codes stateing the time limit. Can any of you direct me to a website that will provide [...]

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Is credit card debt considered an open account or a written contract?

I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the [...]

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Trying to validate items on my credit report, does this letter sound good? Should I take out the suing part?

Date: April 5, 2010 Re: Acct # XXXX-XXXX-XXXX-XXXX To Whom It May Concern: This letter is being sent to you in response to a viewing of my credit report and observance of your agency listed as one of my past accounts. Be advised that this is not a refusal to pay, but a notice sent [...]

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Over the last 9 years I have managed to rack up substantial unsecured credit card debt. I do not have any?

assets, other than the 00 of equity of my house. If I just stop paying my credit cards, and wait out the statue of limitations, will the debt go away, regarding the credit cards? I can live with out the "just pay it" and "get a life" remarks. Please only helpful answers. I don’t need [...]

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