How to Leverage the Statute of Limitations on Credit Card Debt

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How to Leverage the Statute of Limitations on Credit Card Debt – This is a place for the community to provide tips and advice on How to Leverage the Statute of Limitations on Credit Card Debt. This topic was created by Omar Yassine and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - statue of limitation on credit card debt in california

Published: 9 years, 7 month(s) ago | Submitted by Rajiv Rainier | permalink

I have a credit card debt that was declared delinquent about 8yrs ago. One year ago the collecting company threaten me with a law suit and send me a summons
Tags: statue of limitation on credit card debt in california, debt collection questions, debt collection answers

For further reading: http://www.debtcollectionanswers.com/statue-of-limitation-on-credit-card-debt-in-california.html ^[1]

Tip 2 - Statute of Limitations for Debts, Credit Cards & Judgments

Published: 9 years, 7 month(s) ago | Submitted by ubaldino Machado | permalink

Find the statute of limitations for debts, judgments and taxes for all states. The SOL is a civil code to determine expired debts.
Tags: statute of limitations, debt SOL, tolling of time, state statute of limitations

For further reading: http://carreonandassociates.com/statute-of-limitations/ ^[2]

Tip 3 - First Thing You Must Do Before Paying Off Debt

Published: 9 years, 7 month(s) ago | Submitted by John Stuppi | permalink

Before you decide on your plan of attack to get out of debt, there's one crucial step that can make or break your efforts.

For further reading: http://blog.credit.com/2013/03/first-thing-you-must-do-before-paying-off-debt-65073/ ^[3]

Tip 4 - Oregon Court of Appeals says consumers with unpaid credit-card debt aren't off the hook unless six years have passed and no lawsuits are filed

Published: 9 years, 7 month(s) ago | Submitted by Michael Pilgaard | permalink

The Oregon Court of Appeals said debt collectors get twice as much time -- 6 years -- to file lawsuits for unpaid credit-card debt. The higher court overturned two decisions by Clackamas and Washington county judges, and reaffirmed a decision by another Washington County judge.

For further reading: http://www.oregonlive.com/business/index.ssf/2012/03/the_oregon_court_of_appeals_sa.html ^[4]