Legal Question in Credit and Debt Law in Iowa

Can a credit card company collect on a debt from over 7 year's ago?


Asked on 12/11/13, 5:27 pm

1 Answer from Attorneys

Robert Luedeman solo practitioner

If any payments have been made in that period if can revive the debt. But if no payments or promises to pay have been made you may be able to assert a statute of limitations defense. Here is a great link.

http://www.desmoineslawoffice.com/law-articles/files/five-year-statute-of-limitations-credit-cards.php

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Answered on 12/15/13, 9:59 am


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