Legal Question in Credit and Debt Law in Arizona
Credit Card Debt
Is it true that after 7 years a debt against you ''falls off''?
Asked on 8/29/07, 6:03 pm
1 Answer from Attorneys
Debra Palomino
PALOMINO LAW FIRM, P.C.
Re: Credit Card Debt
There are various timelines for debts. For credit reporting, some bureaus take off the debt after 10 years. For liability on a written debt (in Arizona) the timeline (statute of limitations) is 6 years. It depends on the debt and other factors.
Answered on 9/04/07, 7:53 pm
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