Legal Question in Credit and Debt Law in Georgia

freezing checking account

I owed several credit cards and I became disabled and could not make payments.Since I have not had any activity on these cards in 4 years The statue of limitations was up about 2 months ago.I want to know if I open a checking acc. so my S.S. check can be directly deposited if these creditors can freeze my checking account.


Asked on 8/28/06, 4:13 pm

2 Answers from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: freezing checking account

I am wondering why you are assuming the statute of limitations has run. If you have a contract under seal in Georgia, the statute is 20 years, and most cards are based in other states with lengthy statutes that may apply.

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Answered on 8/28/06, 7:36 pm
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: freezing checking account

Maybe, eventually. The statute of limitations does not prohibit a creditor from filing a lawsuit and, if not properly defended, obtaining a valid judgment. It also has nothing to do with other collection efforts the card issuers may undertake.

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Answered on 8/28/06, 4:54 pm


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