Legal Question in Credit and Debt Law in Florida
What sets precedence in Florida for credit card agreements, company located in Georgia re: statute of limitations? I live in Florida, got the credit card while in Florida and does Florida consider credit cards an open account or written contract re: sol?
Asked on 5/22/14, 3:46 pm
1 Answer from Attorneys
Joseph Justice
The Justice Law Firm
The Florida Statute of Limitations on a debt is generally 5 years, but there are some limited scenarios where the limitation drops to 4 years. You would be subject to the Florida law under most circumstances.
Answered on 5/23/14, 7:41 am