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What are the statutes of limitations on debt in Texas?

In: Mortgages, Debt Collection, Statutes of Limitations [Edit categories]

Answer:

It varies in most states based on the instrument that created the debt. Texas is one of the states that has set a single rule for all types. Written agreements, including Promissory notes, Oral agreements and open ended accounts (the credit cards) are all set at 4 years.

Contributor:

Aggie80

First answer by Aggie80. Last edit by Aggie80. Contributor trust: 4981 [recommend contributor ]. Question popularity: 1 [recommend question].

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