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-   -   Statute of limitation on credit card debts (https://www.askmehelpdesk.com/showthread.php?t=71390)

  • Mar 12, 2007, 04:30 PM
    northerngentleman
    Statute of limitation on credit card debts
    What is the statute of limitation in ontario canada on dept. store credit card debts?

    Tks northerngentleman
  • Mar 12, 2007, 05:06 PM
    Lowtax4eva
    I would think its 6 years like most debts, but they can still try and collect through collection agencies after this, they just can't sue
  • Mar 12, 2007, 06:29 PM
    Justice Matters
    Ontario's Limitation's Act was amended as of January 1, 2004.

    The limitation period for most causes of action before this date is 6 years.

    The limitation period for most causes of action after this date is 2 years.

    Incidentally, and unknown to most people, there are some novel defences that can be asserted on your behalf if you are sued by a credit card company in the Ontario Small Claims Court.

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