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  1. #1
    Join Date
    May 2018
    Posts
    1

    Default How Long Do a Credit Agreement and Payment Terms Remain Valid

    My question involves collection proceedings in the State of: South Carolina

    An agreement w/ payment terms was executed back in 2010 with a Vendor of ours. We are no going round & round with them on some issues and was wondering if this agreement w/ payment terms was still valid after 8 years.

    Thank you

  2. #2
    Join Date
    Oct 2016
    Posts
    1,846

    Default Re: Credit Application/Payment Terms - How Long Valid

    That depends on the nature of the original agreement. More details are needed. But, if this was a signed agreement with no stated end date there is no reason to believe it isn't, at least not from what you have written so far.

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