| reply to JoelC707
Re: General info needed about Statute of Limitations You asked question which can't be answered without a lot more details. Here is basic answer for you base on what you posted.
»www.cardhub.com/edu/which-states···applies/ |
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Reviews:
 ·AT&T U-Verse
| Wow, that link is an excellent answer! Awesome research, silentlooker. A+
To add to the information already given, the crappy news is that there is usually more than one law a credit card issuer can use to go after you. Lawsuits almost never happen in a vacuum. There are so many caveats and clauses in a user agreement, it is almost impossible for a consumer to wiggle out on a technicality. If a creditor wants their money bad enough there is probably something either in the agreement or the law they can get you on.
Also, there is a lot of grey area as to when the statute of limitations begins. Simply because the chronological time for statute of limitations has passed does not automatically mean you are in the clear. Sometimes the clock is reset due to actions of either party. For example, if you made a payment or a charge, or initiated contact with the creditor (for any reason)...in many (not all) cases these events put you back at the starting line and effectively means the SOL never runs out. Some time limits are measured in business days.
I would say that if it gets to the point where the courts may be involved, you need to get yourself some legal counsel.
mocycler is a corporate counsel attorney and (by most accounts) a decent guy |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | reply to silentlooker
WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question. |
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| said by JoelC707:WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question. It sucks you lost your job or income, but that doesnt mean you don't have to pay. Pay your bills. Work out a payment plan for them. Even if you wait out the statute of limitations, you will never get credit again if you don't |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | And that right there is what I DIDN'T want this to turn into. I don't need info about paying or not paying my bills. I didn't even want to bring my specific situation into this thread because I knew this right here would happen (and both states are the same length so it really doesn't matter in my case). I understand you're just trying to help but really, let's not turn this into that kind of thread. |
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| said by JoelC707:And that right there is what I DIDN'T want this to turn into. I don't need info about paying or not paying my bills. I didn't even want to bring my specific situation into this thread because I knew this right here would happen (and both states are the same length so it really doesn't matter in my case). I understand you're just trying to help but really, let's not turn this into that kind of thread.
What kind of thread do you really expect it to be when you are asking about the statute of limitations to not pay your credit card bills (voluntarily or involuntarily)?
They have programs ya know, where you call them, tell them you lost your job. They freeze your credit card (so you cant use it anymore) and set you up on a payment plan (to repay them and hopefully not take a credit hit).
If it wasnt me, it would be someone else telling you the same thing.
You know trying to do what you are asking to do is what RAISES rates for EVERYONE? WE end up paying for YOU. |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | The kind of thread I expected is the "general info" kind. You know, like the thread subject says? The kind of info silentlooker  gave me. Not the kind of info that tells me something I already know.
And besides, where did I say I wasn't planning on paying it back or anything along those lines? Is it because I reluctantly gave up info about my specific situation and then pointed out since they have the same length it doesn't matter (for me)? That was me trying to steer the thread back in the "general info" direction and not have it go in the "pay your bills" direction. |
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| said by JoelC707:And besides, where did I say I wasn't planning on paying it back or anything along those lines?
Why else would you want to know what the statute of limitations is? |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | Maybe because I'm curious? Maybe it got brought up in a conversation with someone and I didn't know the answer so I asked around? Or maybe because the SoL can apply to different types of debts? Which of course have different lengths that "open" accounts. And PLEASE do not take that as meaning I have yet more debt I'm magically trying to get out of. Take your pick but trust me, it's not because you think I want to be a dead beat or whatever. |
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| said by JoelC707:Maybe because I'm curious? Maybe it got brought up in a conversation with someone and I didn't know the answer so I asked around? Or maybe because the SoL can apply to different types of debts? Which of course have different lengths that "open" accounts. And PLEASE do not take that as meaning I have yet more debt I'm magically trying to get out of. Take your pick but trust me, it's not because you think I want to be a dead beat or whatever.
There is no other reason the statute of limitations comes into play for. NONE |
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| reply to tdumaine
said by tdumaine:said by JoelC707:WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question. It sucks you lost your job or income, but that doesnt mean you don't have to pay. Pay your bills. Work out a payment plan for them. Even if you wait out the statute of limitations, you will never get credit again if you don't Negative score goes off your credit report after 7years. To say that person will never get credit again if they don't pay is just wrong. |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5
1 edit | reply to tdumaine
I agree. But again, what makes you think I'm asking for ME? So universally, someone asks about something (anything, doesn't matter what) and you AUTOMATICALLY assume it's about them and won't take no for an answer? Wow. Just wow.
edit to add a line |
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 Chuck22Premium
join:2003-11-10
Salt Lake City, UT
kudos:4
 ·Comcast
| reply to tdumaine
said by tdumaine:There is no other reason the statute of limitations comes into play for. NONE
In addition to being beyond the scope of the op's original inquiry, your assumptive remark certainly reflects your lack of comprehensive reasoning. 
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amicitia sine fraude |
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| said by Chuck22:said by tdumaine:There is no other reason the statute of limitations comes into play for. NONE
In addition to being beyond the scope of the op's original inquiry, your assumptive remark certainly reflects your lack of comprehensive reasoning. Prove me wrong then? |
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| reply to JoelC707
said by JoelC707:I agree. But again, what makes you think I'm asking for ME? So universally, someone asks about something (anything, doesn't matter what) and you AUTOMATICALLY assume it's about them and won't take no for an answer? Wow. Just wow.
edit to add a line
For your reference:
said by JoelC707
WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question.
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| reply to silentlooker
said by silentlooker: Negative score goes off your credit report after 7years. To say that person will never get credit again if they don't pay is just wrong.
Yes the mark goes away, but then explain the long gap in credit, avail credit, etc. They will be able to get secured credit, and work their way up again |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | reply to tdumaine
said by tdumaine:said by JoelC707:I agree. But again, what makes you think I'm asking for ME? So universally, someone asks about something (anything, doesn't matter what) and you AUTOMATICALLY assume it's about them and won't take no for an answer? Wow. Just wow.
edit to add a line
For your reference: said by JoelC707
WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question. Fixed it for you, pay special attention to the underlined part....
Oh and before you go and claim "not asking for assistance in my specific case" was me admitting I'm planning on dodging my obligations, think again (but if the rest of this thread is any indication, I know you won't), it's not. |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | reply to tdumaine
said by tdumaine:said by silentlooker: Negative score goes off your credit report after 7years. To say that person will never get credit again if they don't pay is just wrong.
Yes the mark goes away, but then explain the long gap in credit, avail credit, etc. They will be able to get secured credit, and work their way up again And for your reference, I've already got a secured card and am rebuilding my credit. Thanks. |
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JoelC707Premium
join:2002-07-09
West Point, GA
kudos:5 | reply to tdumaine
said by tdumaine:said by Chuck22:said by tdumaine:There is no other reason the statute of limitations comes into play for. NONE
In addition to being beyond the scope of the op's original inquiry, your assumptive remark certainly reflects your lack of comprehensive reasoning. Prove me wrong then? I've tried. You refuse to accept it and as far as I'm concerned, that is your problem not mine. If you want "proof" that I have some kind of payment plan setup or something like that forget it. I'm not giving up something like that and you can continue to believe (wrongly) whatever you like. |
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| reply to JoelC707
said by JoelC707:said by tdumaine:said by JoelC707:I agree. But again, what makes you think I'm asking for ME? So universally, someone asks about something (anything, doesn't matter what) and you AUTOMATICALLY assume it's about them and won't take no for an answer? Wow. Just wow.
edit to add a line
For your reference: said by JoelC707
WOW! So basically it can vary from situation to situation. In my specific case the accounts were both opened in GA and the bulk of the transactions were likely in GA but I was in AZ for a while before I lost the means to pay them. As I said, in my case, both AZ and GA have the same 6 year length on SoL so short of one state being more "beneficial" or them choosing to do so in their state, it really doesn't matter in my case. I know what I'm asking is rather broad but I'm not looking for assistance in my specific case, I was just curious about the "in general" nature of the question. Fixed it for you, pay special attention to the underlined part.... Oh and before you go and claim "not asking for assistance in my specific case" was me admitting I'm planning on dodging my obligations, think again (but if the rest of this thread is any indication, I know you won't), it's not. So you say its not about "you", i quote and markup where you say "In my specific case" and "I was in AZ for a while before I lost the means to pay them" so your response is to say you arent asking about your specific case, but you really are? |
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