I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the State of Georgia, the Statute of Limitations may or may not apply. The Staute of Limitations is 4 years for open accounts and 6 years for written contracts. Does anyone know for certain which type applies for credit card debt in Georgia? The account is with Citibank MasterCard and was opened in the late 80's or early 90's. thanks.
it's a written contract, that's why you sign a rather lengthy terms & conditions declaration when you take out the credit card - read the small print
Sorry man, but it's a written contract.
Remember that long piece of paper you signed that said terms and conditions?
Is credit card debt considered an open account or a written contract?
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First card was a Citibank Mastercard that I got the year after getting married. Husband & I were going on a trip with another couple and we thought carrying a card rather than a lot of cash would be safer. No fees, and now it has been upgraded to a rewards card that gives points back. Still have it over 23 years later.
Idgaf who you are, if you're my best friend or my dad or a complete stranger, you NEVER, NEVER, NEVER Disrespect a female. No matter what.!