Legal Question in Credit and Debt Law in California
I owe $1,170 to a credit card company on an account that was closed back in 2003. Last year I was contacted by a collection agency who called me repeatedly to pay on the account. Without knowing about the statute of limitation law, I agreed to make small monthly payments and have been doing so for about a year. Does the statute of limitation law still apply and can the agency have the account enforced by the courts?
Asked on 12/29/11, 9:43 am
1 Answer from Attorneys
Unfortunately, by making payments you revived the debt. The limitations still applies, but runs from the date of your last payment.
Answered on 12/29/11, 9:54 am
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