Need to know Statute of limitations on old credit card debt

what is the statue in pa and what is any is the differance between written off and charged off

My boyfriend has a credit card debt from 2001, when he was in college. What is the statute of limitations for NC? A lawyer has sent paperwork for him to write down his personal assests in some kind of suit???? I checked his credit report and under that debt it says, "SOLD"????

In PA, the sol on unsecured debts run out after 4 years and in SC, it is for 3 years. Check the date of last activity from where the SOL will be counted. If the debt is past the SOL period, no company can win the case against you.

we been in chapter 13 for 37 months , before that debt consolidation for two years. we are going to be dismissed of missed payments to the trustee . we are not making the same amount of money we where . there is 23 months left in the plan but we could not afford the payments if the plan was modifed. should we go back into cerdit counseling. we do not want to lose our second home

If you cannot make up the payments, you should have an appointment with your attorney to see about modifying your plan. Possible modifications include:

1. If your plan is less than 60 months, you may be able to add on the missed payment and modification charges to the end of your plan.
   
2. A Chapter 13 plan cannot be extended to more than 60 months. You may still be able to increase the remaining plan payments by the amount needed to pay the missed payments and modification charges.
   
3. You may be able to give up some secured property (usually a car) which is being paid by the plan. The amount which would have been paid to keep that property may be used to catch up plan payments and pay the modification charge.
   
4. In some cases, the only option may be to allow the case to be dismissed and re-file Chapter 13 to get an additional 60 months to make all required payments.

Can you tell me the statute of limitations on credit card debt in Oklahoma?

what is the statute of limitations in new york state

Statute of limitations in New York is valid for 6 years. In Oklahoma, the SOL is valid for 3 years. You need to check out the date of the last payment done towards the account to confirm the SOL validity. The account should take place in the state where you are considering the SOL.

What determines which state SOL applies, the state that the credit card company operates or the state in which the customer lives at the time the card is accepted

The statute of that state is considered where the account was originally opened. It does not make difference if you have shifted to another place after opening the account or if the creditor is operating from a different state.

I was wondering when the SOL time begins. I have an old debt that was charged off then sold to a collection agency. I have made payments to the collection agency since but the debt was actually written off by the original creditor inMarch 2004, but my credit reports shows my last payment to be Dec. 2003. So I guess I am wondering if the payments to the collection agency keep bumping the SOL up. I live in California. Please help.

I was wondering if you are contacted by a debt collector and you write back and offer to pay a lump sum and then you don't hear from them until a year and a half later offering you a settlement but not something you can afford and you want to now use the statute of limitations can you now use that since you made an attempt to pay but they refused it. I am in the state of North Carolina..what are the specifics on the statute of limitations for NC? Thanks

I have a court judgement dating back to 1997 from Capital One for a credit card debt judgement placed
they never garnished my wages in 1997 but now almost 10 years later I receive a garnishment letter since I work for the government informing me my wages have been garnished until the debt owed to the general district court is paid

I think mcranberra is wrong. SOL is based on where you live, currently. If you open an account in one state and move away, how can a collection agency use the prior state of residence's laws and apply them in a different state??? You can not use one state's laws, in another state to collect on a debt. A collector must use the laws of the state the debtor lives in.

I am wondering which is correct.
Is sol based where you are living when the debt occurred or where you were living when the credit card was obtained?

Jaime, was there a question in your post?
Judgements can have lives from 7 to 20 years, and in many states, can be renewed.

SOLinfo & Guest, I believe it depends on the type of debt. For a credit card, it may be the state you currently reside in. For a written contract, such as a loan, I believe it is the state that the debt was accquired.