What is the SOL law in Arizona about credit card debt? |
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Answer
Credit cards are considered "open accounts" the SOL in Arizona is 3 years. SOL's only apply to the time limit in which a creditor can FILE the lawsuit. It is possible to be served with a lawsuit summons after three years if the creditor filed before the SOL expired.
First answer by Cya. Last edit by Cya. Contributor trust: 480 [recommend contributor]. Question popularity: 30 [recommend question]
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