Legal Question in Credit and Debt Law in California

Re: statute of limitations credit

It is either 2 or 4 years depending if the contract is written or oral. When was the last payment?

Re: statute of limitations credit

Four years for written agreements, and two years for oral agreements. Credit card debt, bank loans and the like are written agreements. Generally, the statute of limitation begins to run when the debtor fails to make a timely payment.