Legal Question in Bankruptcy in Indiana

Have not paid my credit card bills in 2 years

I have not worked very steady in the past 2 years and i have not paid my credit card bills in over 2 years-6 different credit card companies,i get letters from different collection agencies saying the accounts have been turned over to them for collection but no action has been taken against me.Is there a statue of limitations on my debts for non payment (if i do not pay them for x amount of years they are forgotten)? Or will i have to file bankruptcy?


Asked on 1/07/04, 7:23 pm

1 Answer from Attorneys
John Cook Dunn & Cook

Re: Have not paid my credit card bills in 2 years

Most credit cards are contractual in nature, so the statute of limitations on them would be determined by that state's laws. That could range from 6 to 10 or more years.

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Answered on 1/08/04, 10:16 am


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