Legal Question in Credit and Debt Law in California
I was summoned by an attorney to settle a past debt from may 2006, i tried to settle it for over 2 months and they kept giving me the run around as far as call backs and forthe then i researched the statute of limitations stating after 4 years that a agreement is over..is this true? or what should i do?
Asked on 5/30/10, 3:44 pm
2 Answers from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
The statute of limitation usually is four years from the date of the last payment, unless the creditor has filed suit in time. Then it's a different story.
Answered on 5/30/10, 7:06 pm
Mark Storm
Law Office of Mark Storm 916-739-8552
I can depend on the debt and if there is a written contract and if the contract says the laws of another state will apply.
Answered on 6/02/10, 9:34 am