Legal Question in Credit and Debt Law in Texas
Credit Card arbitration
My daughter has an old credit card debt and has received a letter saying an arbitration is being filed. What are the consequences and wht should I do. Can I make payment arrangements?
Asked on 1/17/07, 9:51 am
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: Credit Card arbitration
The statute of limitations to sue on a debt in Texas is four years. You are advised to hire a consumer attorney who has experience defending these cases.
Answered on 1/17/07, 1:17 pm