Legal Question in Credit and Debt Law in California

statute of limitation

when a debit is charged off. how long a creditor have to sue the debtor. Is an assignee have the same rights?


Asked on 8/20/07, 11:37 pm

1 Answer from Attorneys
Larry Rothman Larry Rothman & Associates

Re: statute of limitation

An Assignee is subject to the same rights and remedies as the assignor. There is either a 2 or 4 year statute of limitations. There may be a violation of the Fair Debt Collection Act, but we would have to review your letter from the collection agency.

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Answered on 8/24/07, 9:24 am


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