Legal Question in Credit and Debt Law in Iowa
Hello,
I have a credit card bill , passed 10 years old, that was passed on to collections and they are filing to take this to court . Is there not a statue of limitations on this after none payment for 10 years? Thank you so much for your help.
Asked on 6/10/10, 1:40 am
1 Answer from Attorneys
Robert Luedeman
solo practitioner
If you have not made payments on this account in ten years any suit is barred by the statute of limitations. A single payment will revive the account, though.
Answered on 6/10/10, 1:08 pm
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