Utah statute of limitations on credit card debt
Q: What is the statute of limitations in Utah for credit card debt lawsuits? Is that a written contract or a promissory note type? Which stature I should look at? I owe $2,000 in credit card debt for quite some time and have a feeling, the statute of limitations is about to expire.
A: To my best judgement, credit card debt in the state of Utah falls under Open Account type allowing 4 years for the creditors to act. Note that Utah law explicitly states that a written acknowledgement signed by the debtor revives the statute of limitations.
Thu Aug 5, 2010 12:08AM | Copyright: www.bad-credit-advisor.com | More in Credit Card Debt | Comments (0)
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