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    kyndle's Avatar
    kyndle Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 23, 2007, 07:19 PM
    Credit card collection
    What is the statue of limitations on credit card collection in the state of Ohio?
    Matt3046's Avatar
    Matt3046 Posts: 831, Reputation: 128
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    #2

    Mar 23, 2007, 07:21 PM
    Just don't worry about it. You are better off without credit anyway.
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
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    #3

    Mar 23, 2007, 07:23 PM
    After 6-7 years depending on where you live they can't sue you anymore. But will will always owe them the money and they can call and send letters as long as they like.
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #4

    Mar 24, 2007, 06:35 AM
    Ohio Statutes of Limitation

    Written or oral account: 6 years, (O.R.C. §2305.07).

    Written contract: 15 years, (O.R.C. §2305.06).

    Oral contract: 6 years (O.R.C. §2305.07).

    Note payable at a definite time: 6 years, (O.R.C. § 1303 .16(A)); (2)).

    Demand note: 6 years after the date on which demand is made or 10 years if no demand is made and neither principal nor interest has been paid over that time (O.R.C. §1303.16(B)).

    Dishonored check or draft: 3 years after dishonor, (O.R.C. §1303.16 (C)).
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