Legal Question in Credit and Debt Law in California
Does time expire on a old credit card bill that I owe and has been listed as a charge off?
Asked on 11/06/09, 10:01 pm
1 Answer from Attorneys
Melvin C. Belli
The Belli Law Firm
Yes the statute of limitations is 4 years from the last time there was activity on the account either a charge or a payment. However if they charged off your account any payments made afterwards do not extend the statue.
Hope that helps and good luck.
Answered on 11/12/09, 11:51 am
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