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