BE SURE TO CHECK OUT MY OTHER VIDEOS ON HOW TO REMOVE NEGATIVE INFORMATION AND WHAT YOUR CREDIT SCORE IS MADE OF
IT IS IN MY OTHER BLOG POST AS WELL AS ON YOUTUBE
Thursday, December 28, 2017
WHAT YOUR CREDIT SCORE IS MADE OF STEP 1 of 3 TO REPAIR YOUR CREDIT FOR 2018
BE SURE TO CHECK OUT MY OTHER VIDEOS ON HOW TO REMOVE NEGATIVE INFORMATION AND WHAT YOUR CREDIT SCORE IS MADE OF
IT IS IN MY OTHER BLOG POST AS WELL AS ON YOUTUBE
VIDEO REMOVING NEGATIVE MARKS FROM YOUR CREDIT REPORT 2018
BE SURE TO CHECK OUT MY OTHER VIDEOS ON HOW TO ADD POSITIVE MARKS TO YOUR CREDIT SCORE AND WHAT YOUR CREDIT SCORE IS MADE OF
IT IS IN MY OTHER BLOG POST AS WELL AS ON YOUTUBE
BUILD YOUR CREDIT SCORE FOR 2018
VIDEO BUILD YOUR CREDIT SCORE
SELF LENDER http://buddingcredit.blogspot.com/2017/12/build-your-credit-score-for-2018.html
IT IS IN MY OTHER BLOG POST AS WELL AS ON YOUTUBE
Wednesday, November 8, 2017
Statute of limitations for lawsuits over debts
S.O.L. is the time in which you may be sued over a subject/topic/event. There are specific rules that must be followed in order for these years of statute of limitations is applicable. Check out my video for a deeper explanation and contact a lawyer for advice before acting on any of the information provided.
Statutes of limitations for each state (in number of years) |
||||
State
|
Written contracts
|
Oral contracts
|
Promissory notes
|
Open-ended accounts
(including credit cards)
|
Alabama
|
3
|
6
|
6
|
3
|
Alaska
|
3
|
6
|
3
|
3
|
Arizona
|
6
|
3
|
5
|
3
|
Arkansas
|
5
|
3
|
3
|
5
|
California
|
4
|
2
|
4
|
4
|
Colorado
|
6
|
6
|
6
|
6
|
Connecticut
|
6
|
3
|
6
|
6
|
Delaware
|
3
|
3
|
3
|
3
|
D.C.
|
3
|
3
|
3
|
3
|
Florida
|
5
|
4
|
5
|
4
|
Georgia
|
6
|
4
|
6
|
4 or 6**
|
Hawaii
|
6
|
6
|
6
|
6
|
Idaho
|
5
|
4
|
5
|
5
|
Illinois
|
10
|
5
|
10
|
5 or 10***
|
Indiana
|
10
|
6
|
10
|
6
|
Iowa
|
10
|
5
|
5
|
10
|
Kansas
|
3
|
3
|
3
|
3
|
Kentucky
|
15
|
5
|
15
|
5 or 15****
|
Louisiana
|
3
|
10
|
10
|
3
|
Maine
|
6
|
6
|
6
|
6
|
Maryland
|
3
|
3
|
6
|
3
|
Massachusetts
|
6
|
6
|
6
|
6
|
Michigan
|
6
|
6
|
6
|
6
|
Minnesota
|
6
|
6
|
6
|
6
|
Mississippi
|
3
|
3
|
3
|
3
|
Missouri
|
5
|
5
|
5
|
5
|
Montana
|
8
|
5
|
8
|
8
|
Nebraska
|
4
|
4
|
4
|
4
|
Nevada
|
4
|
4
|
4
|
4
|
New Hampshire
|
3
|
3
|
3
|
3
|
New Jersey
|
6
|
6
|
6
|
6
|
New Mexico
|
4
|
4
|
4
|
4
|
New York
|
6
|
6
|
6
|
6
|
North Carolina
|
3
|
3
|
5
|
3
|
North Dakota
|
6
|
6
|
6
|
6
|
Ohio
|
6
|
6
|
6
|
6
|
Oklahoma
|
5
|
3
|
5
|
3 or 5****
|
Oregon
|
6
|
6
|
6
|
6
|
Pennyslvania
|
4
|
4
|
4
|
4
|
Rhode Island
|
10
|
10
|
10
|
10
|
South Carolina
|
10
|
10
|
3
|
3
|
South Dakota
|
6
|
3
|
6
|
6
|
Tennessee
|
6
|
6
|
6
|
6
|
Texas
|
4
|
4
|
4
|
4
|
Utah
|
6
|
4
|
6
|
4
|
Vermont
|
5
|
3
|
6
|
3
|
Virginia
|
6
|
6
|
5
|
6
|
Washington
|
6
|
3
|
6
|
6
|
West Virginia
|
10
|
10
|
10
|
10
|
Wisconsin
|
6
|
6
|
10
|
6
|
Wyoming
|
10
|
8
|
10
|
8
|
** Georgia Court of
Appeals came out with a decision on January 24, 2008 in Hill v. American
Express that in Georgia the statute of limitations on a credit card is six
years after the amount becomes due and payable.
*** An Illinois
appeals court ruled on May 20, 2009, that the statute of limitations on a
credit card debt without a written contract was 5 years.
**** State law doesn’t
specify the limitations on open accounts.
Source: Bankrate.com
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