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#1
07-03-2009, 12:27 PM
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Guest
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Sub:
SOL for Arizona
I've found different answers while trying to research this...for credit card debt in Arizona, is it considered a written or oral contract? What is the Statute of Limitations in AZ...I was recently served for a debt that has been over three years since paid, and the oral limitations are 3 years where the written is 6...what does AZ consider cc contracts?
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#2
07-04-2009, 03:34 AM
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Sub:
The Statute of Limitation is 6 years for written contract and 3 years for oral agreements and open ended accounts. Since credit card debt falls under open ended account, SOL for cc debt would be 3 years.
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#3
07-21-2009, 03:35 PM
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Junior Member
Join Date: Jul 2009
Posts: 44
Credits: 572
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Sub:
I am trying to figure all of this out and learn the lingo and prper procedures. So a credit card that has been charged off for more than 3 years is out of SOL and does not have to be paid back?
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