Legal Question in Credit and Debt Law in Pennsylvania
Statute Limitations Credit Card Debt
What is the statute of limitations in PA for credit card debt? How does this affect any notice or filing by their lawyers? My brother has $30,000+ credit card debt that he cannot pay off.
Thanks in advance
Asked on 11/02/07, 5:04 pm
1 Answer from Attorneys
Roger Traversa
Arjont Group (Law Office of Roger Traversa)
Re: Statute Limitations Credit Card Debt
You asked about statute of limitations regarding credit card debt.
Generally the SOL on consumer debt is four years in PA. A creditor only needs to file a claim in court within the four year period to prosecute a claim.
I would suggest contacting a lawyer and investigating bankruptcy.
Regards,
Roger
Answered on 11/02/07, 8:30 pm