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    shell4's Avatar
    shell4 Posts: 7, Reputation: 1
    New Member
    		  
    #1

    May 14, 2008, 06:16 AM
    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
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    May 14, 2008, 06:21 AM
    Depends on where in the world you are located as the laws vary a great deal.
    shell4's Avatar
    shell4 Posts: 7, Reputation: 1
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    #3

    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's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #4

    May 14, 2008, 06:23 AM
    We still need to know where you are located !
    shell4's Avatar
    shell4 Posts: 7, Reputation: 1
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    #5

    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's Avatar
    shell4 Posts: 7, Reputation: 1
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    #6

    May 14, 2008, 06:31 AM
    I am located in sydney australia
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #7

    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
    shell4's Avatar
    shell4 Posts: 7, Reputation: 1
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    #8

    May 14, 2008, 06:35 AM
    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
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #9

    May 14, 2008, 06:40 AM
    See Ben's response. It would appear that 5 years is still within the SOL.
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