Legal Question in Credit and Debt Law in Texas
Default Date
How is the ''default date'' on credit card debt determined? I'm trying to determine if the 4 year statute of limitations is expired on credit card debt which my husband's ex-wife failed to pay.
Asked on 1/31/06, 8:26 am
2 Answers from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Default Date
the last payment
Answered on 1/31/06, 9:12 am
Peter Bradie
Bradie, Bradie & Bradie
Re: Default Date
The default date is the date a payment was due after the last payment was made on the account;i.e. the date for payment from the following month's billing.
Answered on 1/31/06, 11:24 am