Legal Question in Credit and Debt Law in New York

Charged Off Credit Card Now Being Sued

I had a credit card opened in 2001 that was charged off i was living in NY At the time and have since moved to Hawaii I was served a summons yesterday for a court appearance for the 901 dollar charge off from an acquisition company both HI and NY has a 6 year statute is that from the orignal date of charge off or from when the collection company acuired the account. I do not want to be sued over a small debt from 7 years ago


Asked on 9/24/08, 6:39 pm

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

Re: Charged Off Credit Card Now Being Sued

The statute of limitation is 6 years from the breach (when the original debt is due).

Mike.

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Answered on 9/25/08, 7:53 am


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