Legal Question in Credit and Debt Law in New Jersey
type of credit
What type of debt is a credit card on the chart given about statues of limitations - promissory, open-ended, oral or written?
Asked on 7/11/02, 12:19 pm
1 Answer from Attorneys
Glen Chulsky
Law Office of Glen H. Chulsky
Re: type of credit
I am not sure what chart you are referring to. A suit based on a credit card must be brought within 6 years, generally calculated from the default date. If you would like additional info, please feel free to call me at 973-479-5814.
Answered on 7/11/02, 8:42 pm