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  1. #1
    Join Date
    Oct 2006
    Posts
    1

    Default Letter for legal action on old CC debt, SOL?

    Hello,

    Long story short, I have a charge off from college days, I have resolved other charge offs with loans from a bank. This is my last credit issue, but I have run out of collateral to help me repay this old debt. my credit report shows 30 days past due in Nov. 2002. on this debt. Anybody know how close I am to statute of limitations for state of West Virginia? Also any way to settle for less AND make payments? --usually its either settle in lump sum or pmts for full amt.

    Thanks in advance

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Letter for legal action on old CC debt, SOL?

    West Virginia's limitations period for an open account (which is normally how a credit card is treated) appears to be five years.

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