Re: Statutue of Limitations

Posted by debtkiller on March 06, 2002 at 00:00:55:

In Reply to: Statutue of Limitations please help im desperate posted by Susan on March 05, 2002 at 14:13:58:

Unless I am mistaken, this falls under the same rules as high interest rates. A few years ago, a credit card co. was sued by a consumer for higher rates than his state allowed. The US Supreme courts stated that since the Credit card company was in Delaware, there rates are unlimited and the consumer had to follow the rules of the creditor state.

On the other hand, call your attorney Gernerals of Az. Tell them of your situation, they would be better at helping you with how creditors can deal with Az citizens.

Some states, some credit cards are considered secured in certain cases, collectors will often call our clients and threaten based on some other states law where they are. These laws do not, apply to Texans.

Check with you attorneys General. Here is their information:
PHOENIX
OFFICE OF THE ATTORNEY GENERAL Consumer Information and Complaints 1275 W. Washington
Phoenix, Arizona 85007-2926
Telephone: (602)542-5763
outside of the Phoenix Metro Area 1-800-352-8431

or

TUCSON
OFFICE OF THE ATTORNEY GENERAL Consumer Information and Complaints 400 W. Congress
South Building, Suite 315
Tucson, Arizona 85701-1367
Telephone: (520)628-6504
or 1-800-352-8431

Good luck,
debtkiller!

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