Legal Question in Credit and Debt Law in Alabama
consumer law
what is the statute of limitations for debt in the state of alabama
Asked on 3/13/08, 10:34 am
1 Answer from Attorneys
James Patterson
Underwood & Reimer, P.C.
Re: consumer law
Contracts under seal: 10 years, (A.C. 6-2-33)
Contracts not under seal; actions on account stated and for detention of personal property or conversion: 6 years (A.C. 6-2-34)
Sale of goods under the UCC: 4 years (A.C. 7 -2- 725)
Open accounts: 3 years (A.C. 6-2-37)
Actions to recover charges by a common carrier and negligence actions; 2 years, (A.C. 6-2-38)
Actions based on fraud: 2 years (A.C. 6-2-3)
Answered on 3/13/08, 10:46 am