View Full Version : Legal timeframe for paying back credit card debt
shell4
May 14, 2008, 06:16 AM
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
Curlyben
May 14, 2008, 06:21 AM
Depends on where in the world you are located as the laws vary a great deal.
shell4
May 14, 2008, 06:22 AM
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
Curlyben
May 14, 2008, 06:23 AM
We still need to know where you are located !
shell4
May 14, 2008, 06:25 AM
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
shell4
May 14, 2008, 06:31 AM
I am located in sydney australia
Curlyben
May 14, 2008, 06:34 AM
We get there in the end.
Here we go:
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 (http://www.consumerbadcreditguide.com/statuteoflimitationsaustralia.html)
shell4
May 14, 2008, 06:35 AM
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
ScottGem
May 14, 2008, 06:40 AM
See Ben's response. It would appear that 5 years is still within the SOL.