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  1. #1
    Join Date
    Jan 2010
    Posts
    1

    Cool Balance Due on a Closed Bank Account

    My question involves collection proceedings in the State of: ga i received a call from a collection agency that a bank account was closed with a balance due in 1997 and that with intrest a little over 300 is now due is there a sol on this

  2. #2
    Join Date
    Jan 2010
    Posts
    17

    Default Re: Balance Due on a Closed Bank Account

    If it has been since 1997 that would be.................almost 13 years???? Yeah the SOL is Written Contract: 6 years.....If they become a pest, send them a cease and desist.

    STATUTE OF LIMITATIONS (IN YEARS)

    Open Acct.: 4

    Written Contract: 6

    Domestic Judgment: 7

    Foreign Judgment: 5

  3. #3
    Join Date
    Jan 2010
    Posts
    11

    Default Re: Balance Due on a Closed Bank Account

    In some states, checking accounts are considered open accounts. They are here in Florida but I can't speak to GA.

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