Friday, 23 January 2015

wHAT IS THE STATUTE OF LIMITATION FOR A CHARGED OFF CREDIT CARD IN THE STAT OF PA

Question

wHAT IS THE STATUTE OF LIMITATION FOR A CHARGED OFF CREDIT CARD IN THE STAT OF PA



Answer

For a debt that was incurred in PA and subject to the PA statute of limitations, the statute is 4 years from the date of your last payment. Chargeoff has nothing to do with this - this is just an accounting term.



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