#1  
07-03-2009, 12:27 PM
Anonymous
Guest
Posts: n/a
Credits: 0 [Check]
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?
Reply With Quote Quick reply to this message
  #2  
07-04-2009, 03:34 AM
SC's Avatar
SC SC is offline

Moderator
Join Date: Apr 2009
Posts: 2,044
Credits: 18,647
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.
Reply With Quote Quick reply to this message
  #3  
07-21-2009, 03:35 PM
azpenguin15 azpenguin15 is offline
Junior Member
Join Date: Jul 2009
Posts: 44
Credits: 572
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?
Reply With Quote Quick reply to this message
Reply


Quick Reply
Name:
Message:
 
 
 
 
   
 
 
Options

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -8. The time now is 08:45 AM.





 
About Us | Contact Us | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services
 


Customer Feedback
Feedback Analytics