which state's statues of limitations governs card debts?
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Posted by Mark on June 07, 2001 at 21:23:58:
I live in one state now, the bank is incoporated in a 2nd state, and I used to live in a 3rd state 12 years ago when this chargeoff occurred that a bank had hired a law firm in my current home state to come after me for... Unfortunately the 3rd state( the one I used to live in) has a 15 year written contract limitation on statutes? I always thought the state the bank was incorp in was the one governing the debt, or perhaps the one I live in now. They say its the state I lived in at the time. Anyone seen anything like this before, so far 2 credit specialist lawyers have no clue....? thanks for any help
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