QUESTION
What isthe statute of limitations on credit card debt in New Jersey?
Asked on Nov 20th, 2012 on Collections - New Jersey
1 ANSWER
Divorce, Matrimonial, Family, Custody, Child Support, Domestic Violence Attorney serving Hazlet, NJ
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The Law Office of Marc B. Schram, P.C.
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In New Jersey, the statute of limitations on credit card debt is six years from either the date the credit card was last used to make a purchase or the last date a payment was made towards partial satisfaction of the debt, which ever date is later that is when the statute begins to run.
MARC B. SCHRAM, P.C.
Answered on Nov 24th, 2012 at 10:18 AM