OKLAHOMA SOL IS 3 YEARS

Posted by WHY CHAT (12.94.21.71) on July 08, 2003 at 17:30:21:

In Reply to: Re: debt collectors posted by Douglas Jennings on July 08, 2003 at 15:48:37:

"Douglas" is mistaken, the SOL for Ok is 3 years.not 6.
STATE: OKLAHOMA
INTEREST RATE
Legal: 6%
Judgment: 4% over U.S. Treasury Bill Rate of previous year. (1996 = 9.55% 1997 = 9.15%)
(THIS IS NOT THE SAME AS THE RATE FOR CREDIT CARDS- WHICH IS 21%)
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 3
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 3

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