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What is the statue of limitations for a credit card

Date: Fri, 07/27/2007 - 05:23

Submitted by anonymous
on Fri, 07/27/2007 - 05:23

Posts: 202330 Credits: [Donate]

Total Replies: 3


what is the Statue of Limitations for a Credit card company to collect on an old account? Date of last activity is 6/01. A collection agency picked up the account in '03 but I didn't send anything to them. Yesterday I received a letter from an attorney on the collection agency's behalf but the account is over 6 years old and the original creditor has already written it off. Should I reply?


Welcome,
You should send this attorney's office a debt validation letter which u can find in the do it urself part of this forum. Just change the wording up to match ur situation.
Also, if u spoke to the CA and admitted owing this debt, i think, that restarts SOL but i'm NOT positive. There is a list somewhere on this site with the SOL's for each state... let me see if i can find it for ya.... also, i do remember OH was a long time, if i'm remembering correctly.
Good Luck and i'll go look for that info for ya,
Ang


lrhall41

Submitted by Ang on Fri, 07/27/2007 - 05:27

( Posts: 2306 | Credits: )


Here's what i found:

Quote:

Unless you live somewhere like Ohio (where the SOL is 15 years), the SOL has no doubt run

State Oral Agreements, Written Contracts, Promissory Notes, Open Accounts
Ohio 6 15 15 6



Ok so now i'm confused... looks like on open accounts, which would be credit cards it's 6 years!
I know there is a site to check this out and soon as i find it i will post it for ya!
Good Luck,
Ang


lrhall41

Submitted by Ang on Fri, 07/27/2007 - 05:36

( Posts: 2306 | Credits: )