Legal Question in Credit and Debt Law in Missouri

Re: On credit cards

A recent case held that the statute is five years, but keep in mind that this new case is not final on appeal. Also keep in mind that any payment on the account restarts the statute of limitations. So, if you made payments on an account unil January 1, 2000, and then stopped, and then made a payment in May of 2003, the statute would run from May of 2003, not from January of 2000.

Statutes of limitation can also be extended in other ways, and you should consider getting advice from an attorney with more specific facts.