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Home > Money & Services > Credit   »   legal timeframe for paying back credit card debt

 
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Old May 14, 2008, 05:16 AM
shell4
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legal timeframe for paying back credit card debt

does a creditor have a leag standing to bring suit against me to pay a debt where there has been no activity on the account for roughly 5 years

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Old May 14, 2008, 05:21 AM   #2  
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Depends on where in the world you are located as the laws vary a great deal.
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Old May 14, 2008, 05:22 AM   #3  
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my message was asking in regard to legal timeframe for a creditor bringing suit against me to repay credit card debt no activity on the account for 5 years
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Old May 14, 2008, 05:23 AM   #4  
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We still need to know where you are located !
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Old May 14, 2008, 05:25 AM   #5  
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my message was the legal timeframe a creditor has to bring a suit against me to repay credit card debt taking into account there has been no activity on the account for 5 years
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Old May 14, 2008, 05:31 AM   #6  
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i am located in sydney australia
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Old May 14, 2008, 05:34 AM   #7  
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We get there in the end.

Here we go:
Quote:
The statute of limitations on debts for goods and services is generally six years and 3 years in the Northern Territory.

Statute Of Limitations On Debts In Australia
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Old May 14, 2008, 05:35 AM   #8  
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Quote:
Originally Posted by shell4
does a creditor have a leag standing to bring suit against me to pay a debt where there has been no activity on the account for roughly 5 years
i am located in sydney australia
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Old May 14, 2008, 05:40 AM   #9  
ScottGem
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See Ben's response. It would appear that 5 years is still within the SOL.
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