Legal Question in Credit and Debt Law in Ohio

SOL Question for Credit Cards

I live in Ohio and would like to know what the SOL is for Credit Cards/Visa/Mastercard for this state.

Are they Written Contracts or Open-ended Accounts?

Also, will need to speak to an attorney in my area about financial legal help.

Thanks


Asked on 1/04/05, 6:04 pm

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: SOL Question for Credit Cards

The Ohio Revised Code does not specifically mentioned credit cards when dealling with statutes of Limitations, but I believe the correct statute is 4 years for an open account, with each new payment making a new period.

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Answered on 1/06/05, 11:03 am


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