Legal Question in Credit and Debt Law in Pennsylvania
credit card debt
Is there a statue of limitations on old credit card debt that is with a collection agency?
Asked on 10/08/07, 10:43 am
1 Answer from Attorneys
John Gibson
John W. Gibson, Esquire
Re: credit card debt
Yes. Four years to collect. Different attorneys may disagree about when the statute starts to run, though. Most attorneys, I think, believe that the statute starts with the first missed payment.
Answered on 10/20/07, 2:31 pm