Legal Question in Banking Law in California
stature of limitations
What is the time period for the stature of limitation in Ca. concering the credit card debt.?
Asked on 2/26/09, 7:08 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Re: stature of limitations
4 years from the time the last payment is due. Making a payment, a partial payment, or a promise of payment will extend the statute and give them another 4 years. If you are sued past the statute, please consult an attorney so you don't waive the statute by mistake.
Answered on 2/26/09, 7:44 pm
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