Legal Question in Credit and Debt Law in Florida

Yes. It is generally based in breach of contract for which there is at most a 5 year statute of limitations. Depending on your circumstances, the time period is either four or five years. However, you should note this is generally construed from the time of the last payment not the formation of the debt.

Mr. Justice is correct. Statute of Limitation runs five years for contract and four for verbal. However, if he obtains a judgment could run 20 years. If you need assistance, please contact my office for an appointment. 904-997-1031 Remember if you make a payment, the toll begins again.