Re:Good Advice Here Re: Stat. Of Limitations
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Posted by Why Chat on January 23, 2002 at 19:44:53:
In Reply to: Re: Horrible advice here, Re: Stat. Of Limitations posted by Why Chat on January 23, 2002 at 19:23:39:
Delaware's SOL for credit cards is 4 years- not 3- The following is from the Delaware Bar Assoc. website. DELAWARE INTEREST RATE - Legal + Judgment -Federal Reserve Discount Rate Plus 5% Points STATUTE OF LIMITATIONS (IN YEARS) - Sale of Goods: 4 - ** Open Acct.: 4 ** - Written Contract 3 - Domestic Judgment No provision - Foreign Judgment No provision BAD CHECK LAWS (CIVIL PENALTY) - Amount due, cost of suit, protest tees GENERAL GARNISHMENT EXEMPTIONS - 85% of disposable earnings ordisposable earnings minus 127.50 weekly according to schedule. COLLECTION AGENCY BOND & LICENSE - Bond: No - License: Merc. License - Fee: $50 Yearly
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