Legal Question in Credit and Debt Law in Indiana

statue of limitations on credit card debt

In Indiana, what is the statue of limitations on credit card debt? And what can you do if a creditor is suing after the SOL?


Asked on 8/13/08, 2:02 pm

1 Answer from Attorneys
Samuel Hasler Samuel Hasler

Re: statue of limitations on credit card debt

It depends on how it the debt is characterized: accounts get a 6 yea r statute of limitations and written contracts get a 10 year statute of limitations. The SOL is an affirmative defense - if sued you need to raise it for there to be a defense.

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Answered on 8/15/08, 8:18 am


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