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Question
credit card debt that was from 1994 ,is there any time limit in there collection time???
Steven:
Yes, however, the statute of limitations is only an affirmative defense in the event you are sued. It doesn't mean that once it's expired the debt can't be attempted to be collected on. The statute itself varies by account type and jurisdiction. You need to check your state code.
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Apex Credit Services, LLC
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Our expertise encompasses the legal frameworks under the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transactions Act amendments to the FCRA, and the FCRA. We are also well versed in Tennessee and West Virginia consumer law as well as Texas consumer law. DISCLAIMER: NO PART OF ANY COMMUNICATION FROM APEX CREDIT SERVICES, LLC IS TO BE CONSTRUED AS LEGAL ADVICE. APEX CREDIT SERVICES, LLC IS NOT A LAW FIRM. SHOULD YOU SEEK LEGAL ADVICE, CONSULT A LICENSED ATTORNEY IN YOUR JURISDICTION.
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