Loans

If more than 6 years has passed since the time that a credit card debt or loan was paid then no action can be taken. Be careful: if you acknowledge the debt anytime thereafter then the debt comes back to life and the 6 year period starts again.

LIMITATION PERIOD

October 11th, 2010

If more than 6 years has passed since the time that a credit card debt or loan was paid then no action can be taken. Be careful: if you acknowledge the debt anytime thereafter then the debt comes back to life and the 6 year period starts again.