A creditor must petition the court to obtain a judgment against you for a credit card debt. If successful then the judgment is recorded in the land records. According to the chart at the link below an Ohio judgment is good for 21 years and must be brought forward in the land records by a re-recording every five years.
The statute of limitation for unpaid credit cards in N.Y. is 7 years.
The limit does not exist!
what is the statue of limitation in Illinois for credit debit/
Limited edition.
The SOL begins when an account is considered in default. SOL's only apply to lawsuits, they do not halt collection procedures by the OC or an assigned collection agency.
The statute of limitation for unpaid credit cards in N.Y. is 7 years.
The limit does not exist!
what is the statue of limitation in Illinois for credit debit/
Limited edition.
7 years
The statue of limitation is 4 years from the date of last activity.
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.
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.
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.
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.
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.
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.