Legal Question in Credit and Debt Law in New York
creditor harrassment
what are the limits on paying back creditors as it relates to credit cards
Asked on 4/29/09, 1:17 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: creditor harrassment
You have a contractual duty to pay your credit card bills as it becomes due. However, should the credit card company wait more than 6 years from the date the amount is due and owing, you obligation to pay may be terminated under the Statute of Limitations.
Mike.
Answered on 4/29/09, 2:11 pm
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