what is the statute of limitations in the state of Florida?
Date: Thu, 12/07/2006 - 10:18
I had a debt for some furniture I bought back in 1998, I did make my payments through 3 of four of the years, but then after the 9/11 attacks, I lost my job, due to the lack of tourism. I also have credit card debt and student loans, and creditors barking at me over the phone, I am just now beginning to get back on my feet, settling old utility bills, and hopefully looking at owning a car again. I just don't know what to do, my credit is in shambles, and these creditors just won't ease up, and they get more and more rude, with every passing day. What can I do?
SOL is 7 yrs in florida on credit - I live in florida too
SOL is 7 yrs in florida on credit - I live in florida too
I knew the SOL in FL to be 4 years. Quote:Contract or writte
I knew the SOL in FL to be 4 years.
Quote:
Contract or written instrument and for mortgage foreclosure: 5 years. F.S. 95.11. Libel, slander, or unpaid wages: 2 years. Judgments: 20 years total and to be a lien on any real property, it has to be re-recorded for a second time at 10 years. The limitations period begins from the date the last element of the cause of action occurred, (95.051). NOTE: The limitation period is tolled (stopped) for any period during which the debtor is absent from the state and each time a voluntary payment is made on a debt arising from a written instrument. Almost all other actions fall under the 4-year catch-all limitations period, (F.S. 95.11(3)(p)). |
thanks for the info..I was always told 7 yrs..I will keep a extr
thanks for the info..I was always told 7 yrs..I will keep a extra look on my credit report..that means I should have a couple coming off 2007..I entered a debt settlement program, and now I should have waited because it would be off in 2007..well I needed to take care of it, it is the responsible thing to do..I owe it I need to pay it..it was due to being laid off..