Legal Question in Credit and Debt Law in Indiana

statute of limitations

Credit card company advises we owe on a debt that was made in 1985. Last payment rec. was 1978. The amount is over7,000.00 but they will accept 700.00 if I pay now. No bills were sent to us in 18 years. Do we owe this now? Thank you


Asked on 5/10/02, 1:20 pm

1 Answer from Attorneys
C. David DuMond Law Offices of David DuMond

Re: statute of limitations

If you have any doubt that you ever actually incurred this debt, I suggest you contact the Indiana Attorney General, as this sounds like a scam to me. In any event, if there has been no contact with the creditor for 18 years, the SOL applies, and the debt is unenforceable.

Here is the link for the AG:

http://www.in.gov/attorneygeneral/consumer/filecomplaint.htm

Read more
Answered on 5/10/02, 9:13 pm


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