I made a large purchase at a well-known furniture store over a year ago, using their store credit card. They mistakenly refunded the whole amount after some confusion with the delivery, and I never alerted them to their mistake. Now, over a year later and after I closed the card, they have somehow realized their mistake and charged me for the original amount. Is there a statute of limitations for this, or can a business charge for a purchase made over a year ago even though they were at fault for the mistaken refund in the first place?
1 Answer from Attorneys
A mistake like that is not a winning lottery ticket at the merchant's expense. You received the goods you purchased and you owe the money. The statute of limitations period for them to collect is four years.
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