Legal Question in Credit and Debt Law in California

Does a verbal payment arrangement for a debt that I have not paid on for over 4 years negate the statute of limitations in California?

Asked on 6/09/12, 4:37 pm

1 Answer from Attorneys

Timothy McCormick Libris Solutions - Dispute Resolution Services

Yup. Starts a new two year limitations period running.

Read more
Answered on 6/14/12, 4:30 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California