Legal Question in Credit and Debt Law in Pennsylvania
when am i free of it?
i owe Sears about $1,000.oo for over 1 years on a Sears Charge Card and havent made a paymest in that long due to i am poverty stricken...I was told by a friend that if i dont make any attempt to pay and they dont do anything about it , after 4 years i am free and clear of the debt..is this true? in Pa. ?
Asked on 6/20/05, 4:12 pm
1 Answer from Attorneys
Mark Johns
Mark Johns, Esquire
Re: when am i free of it?
The statute of limitations is 4 years.
Answered on 6/20/05, 4:18 pm