Legal Question in Credit and Debt Law in New York

credit card debt that is over 10 yrs

i had a credit card that was only 300.00 dollars now they are saying i owe $2,595.00 interest this credit card was taken out in 1997 what can i do


Asked on 1/22/07, 11:58 am

1 Answer from Attorneys

Robert R. Groezinger GroezingerLaw P.C.

Re: credit card debt that is over 10 yrs

It depends, the sratute of limiations is 6 years starting from one of from many different events, whichever is later. The fact that you opened the card in 1997 has no meaning.

Good Luck

RRG

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Answered on 1/22/07, 1:52 pm


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