Legal Question in Credit and Debt Law in California

I had a credit card debt that 2 weeks before it was due to expire under the Calif Stature of Limitations was submitted to an out of state arbitrator (don't remember the name - its the one that is run by the credit card companiies) the arbitrator, as always, ruled in favor of the debtt owner.

Under California law, did the arbitrators ruling reset the stature of limitations - and is it binding without being run through a California court?


Asked on 8/17/10, 10:24 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

I would like to see the arbitration award. I hope for your sake this happened a very short time ago.

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Answered on 8/22/10, 10:31 pm


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