statute of limitations

Hi annaboudakova2,

Welcome to debt consolidation care forum. As for your query, the time limitation is 6 years in New York.

Thank you,
Simon

what is the time limitation in alabama?

Hi davidwg8119,

Welcome to debt consolidation care forum. Time limitation is 6 years in the state of Alabama.


Thank you,
Simon

What is the limitations in the state of missouri?

Some one told me that in case of written agreement that contemplates the payment of money or property, it is 10 years in Missouri, but under certain circumstances, it can be reduced to 5 years.

Roxette

Hi majic_13,
The Statute of Limitation in Missouri depends on the type of contract you have entered into with the lender of money. The Statute of Limitation for various type of contracts in Missouri are,

a.Oral Contract- 5 years.
b.Written Contract-10 years.
c.Promissory note-10 years.
d.Open-ended accounts-5 years.

Thank you,
Peter.

Hi davidwg8119,
The Statute of Limitation in Alabama state are,
a.Oral contract-6 years.
b.Written Contract-6 years.
c.Promissory note-6 years.
d.Open-ended accounts-3 years.
Thus if you entered into a oral contract,written contract,or the contract is entered into with the help of a promissory note then the SOL is 6 years. But, if it is an open-ended account contract then the SOL is 3 years.

Thank you,
Peter.

Hi annaboudakova2,
The SOL for the New York state is 6 years irrespective of the form of contract you have entered into with the lender of money.






Thank you,
Peter.

The SOL in New York is 6 years.

Take care
Roxette

What is the time limit in California that the creditor can collect on an old Debt

Steve,

The statute of limitation in California for written contracts is 4 years and for oral contracts, it is 2 years.

I have been absent since 1998 and now CC companies or collection co. are sending me payoff amounts. What are my rights In california. Is there a Statute of limitation on CCbills?

Steve, California state laws allow the statutes to expire after 4 years in case of written contracts. Oral contracts expire after 2 years. Check the date of last activity in the credit card accounts and confirm the expiry of the SOL period.

You need to send a letter to the credit card companies mentioning the expiry of the SOL period. It is important for you to place this dispute in writing so that you have a document to prove your responsibility towards resolving this matter. In case the creditors wish to take the matter to the court, you will show your defense by showing the dispute letter sent to the company. The judge won't be able to make decisions against you.

Send your letters through certified mail with return receipt requested. Keep copies documented in a file for records.

what is the statue of limition in missouri for unsecured debt such as credit cards

Is there a statute of limitations on bad checks in the state of MO? If so what is it?:?: [size=3][/size]sami

What is the time limit in Texas that the creditor can collect on an old Debt

There are several websites that will provide you a breakdown of the SOL for each state. Here is one of those websites:



This page includes a brief explanation as well as a listing of SOL for different types of contracts in all the states.