When the statute of limitations to start a credit card debt is a two-year no interest no payment plan?
When start the statute of limitation credit card debt is a two-year no interest no payment plan? Is the date of onset is in payment is 30 days late after the period of two years – that the first 30 days past due non-payment of a settlement? There was no attempt the debtor to pay that debt after the 2 years period of promotion. Credit debt originated in the State of California, with a 4-year statute limitation ..
SOL typically starts on the date or the previous or last payment activity – the violation. The first payment did not lose a violation the contract. At that point, the creditor must have taken steps to collect the debt, including the demand for presentation if necessary.
Dateline NBC – Credit Card Debt Trap Part 6 of 10
