Legal Question in Credit and Debt Law in Illinois

Credit Card Statute of Limitations

I have a credit card that has not been paid since 1999. The credit card company is threatening to sue me. Has the statute of limitations run out on this? I signed the contract in Illinois and live in Illinois.

Asked on 6/27/05, 4:42 am

2 Answers from Attorneys

Thaddeus Hunt Law Offices of Thaddeus Hunt

Re: Credit Card Statute of Limitations

Normally the statute of limitations on a written contract is ten (10) years in Illinois.

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Answered on 6/27/05, 4:47 am
Thomas Moens Moens Law Offices, Chartered

Re: Credit Card Statute of Limitations

Generally, written agreements have a ten year statute of limitations.

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Answered on 6/27/05, 9:37 am


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