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  1. #1
    Join Date
    Feb 2008
    Posts
    1

    Default Statue Of Limitations

    How far back can a creditor legally collect on a debt or sue you in California?

  2. #2
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,241

    Default Re: Statue Of Limitations

    What type of debt & when was the last action (ie last payment) made on the debt? I was wondering if the SOL might be elapsed. (not that they still can't sue you, but you can use that as your defense)
    Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.

  3. #3
    Join Date
    Feb 2008
    Posts
    1

    Default Re: Statue Of Limitations

    I found this on another board, it may be of use, though someone else will have to ascertain it's credibility.
    According to Fair Debt Collection and IHateDebt.com, the California
    statue of limitations on the collection of debt is as follows:

    Oral agreements: 2 years
    Written contracts: 4 years
    Promissory notes: 4 years
    Open accounts (such as credit cards): 4 years

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