Legal Question in Business Law in Rhode Island

have a credit card debt that the collection agency's says I defaulted on in 2002. I do remember having this card and defaulting on it just not sure of the yr. What I do know is when I defaulted I was living in CA. Where I live in RI the open-ended debt(ie credit cards) stays on for 10 yrs but in CA where I incurred the debt it's only 4 yrs. My question is which SOL does it follow RI(10 yrs) or CA(4yrs). I also know the cc debt is on a Chase Manhattan Mastercard which I believe is incorporated in Delaware but not 100% sure on that. Which one do I follow?


Asked on 5/10/11, 10:50 am

1 Answer from Attorneys
Staff General Counsel LawyersCollaborative

You need to review the credit card agreement, which will specify which state's law applies. If you do not have it, write a letter to the creditor - or have a lawyer write the letter for you if you do not want to reveal your address - and request a copy.

For your information, LawyersCollaborative offers as a community service low cost telephone consultations, limited engagements, and low-bono and pro-bono services in appropriate cases.

Best wishes,

Scott Summer, Staff General Counsel

LawyersCollaborative

www.lawyerscollaborative.com

401-467-7771

Note: The above information does not constitute legal advice. Unless a written Collaborative Representation Agreement has been signed, neither LawyersCollaborative nor any of its Staff General Counsel is your legal representative.

Read more
Answered on 5/10/11, 12:43 pm


Related Questions & Answers

More Business Law questions and answers in Rhode Island