Legal Question in Credit and Debt Law in California
what is the statue of limitations on credit card debt and pay loan debt.
Asked on 12/22/09, 10:32 am
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
If there's a written agreement, it's four years. If an oral agreement, it's two years. The clock starts running when the last payment became due.
Answered on 12/27/09, 2:18 pm