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Home > Money & Services > Bankruptcy & Debt   »   Credit card debt-Alberta statute of limitation

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Old Feb 27, 2008, 09:05 PM
ashtonplace
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Credit card debt-Alberta statute of limitation

I have debt owing to four credit card companies. Due to an accident and age (65) I had to stop making any payments one year ago. I have been told that in Canada I would be relieved of these debts if absolutely no payments were made for 24 months.
Prior to that one year, I had never missed a payment in the previous twelve years. Have lived in Alberta for the past 8 years - prior to that I lived in Nova Scotia. Is the above true?

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