statue of limitations for colorado

Hi Patty,

The statute of Limitation in Colorado for written contract is 3 years and for oral contract, it is 2 years.

The statute of limitation is calculated from the date the account showed last activity. If you make any payment on a defaulted account, the SOL is renewed.

Regards
Roxette

A company is trying to collect a debt from 1991. Does this extend beyond the statue of limitations. Thank you very much.

Check the date of last activity in the credit account. I am assuming that this must be past the legal statutes period. Based on the state laws, every state has its own statues and you are within the legal collection period before the expiry of the term. Under these circumstances, as your debt is past the statutes, you are neither required to pay the debt nor can be forced into any legal actions.

Remember, if you sign any promissory note or make a payment towards this account, the SOL will be restarted from the beginning and you will be brought back under legal actions.

Has the company sent you anything in writing about this account? Place a dispute highlighting the item in writing. Send it through certified mail with return receipt requested. Keep everything documented in a file. If the matter ever reaches the court, you should be present with all the necessary proofs of the facts.

I was wondering If you could help me. I had an old credit card bill from 2003. They said my last payment was in January 2003. I have A court confrence with the judge on Nov. 4
I claimed past the statue of limitations But the said I was wrong, they said Colorado is 6 years from my last payment. I went to get my statements from the credit card company, they told they have no record of my account. What should I say and bring with me to the confrence? Please help i'm so confused

I worked for a Tele-communication and Data Infrastructure company that reacently filed for Chapter 11. bankruptcy and closed shop here in Denver, CO. Two years prior, I was assulted at work by my Foreman. He head-butt me causing my nose and mouth to bleed. Breathing through my nose has been a problem ever since this occurance. What are the statue of limitations? Keep in mind this company is still alive all over the west and east coast.

This is a credit forum. Sounds like you need to find a forum dedicated to torts.

I have a company trying to collect money from an old Sears account I opened in 1988. They state that I haven't made a payment since 1994 and that I owe $60.00. I contacted Sears and they tell me that I owe nothing and that account has been closed. I told the dept collector that I need some sort of documentation to prove that I still have an unpaid balance. It's been over a year now and they still haven't sent me anything. Now they leave an automated message on my answering machine at least 4 times a day to call them back. What should I do now?

Send the a full cease comm letter stating this is past SOL and you do not want to hear from them again.