I am being sued for unpaid credit card balance. T

I am being sued for unpaid credit card balance. The last activity on that card is Dec. 2007. I live in California. Is the SOL applicable in this case.

3 Answers

All of my previous posters are right. You may visit the following link to gather knowledge regarding the SOL:
http://www.debtconsolidationcare.com/statute-of-limitation.html
 


The SOL for written contracts, promissory notes and open ended accounts is 4 years. The SOL period for the oral agreements is 2 years.


SOL is 4 years.  If they have already filed suit, they beat the sol.

Who is suing you and who is the creditor??

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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