Questions about credit card debt summ...
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|Tue, 07-28-2009 - 6:35pm|
Hello all, I have been reading some of the posts on here and doing my own online research about a situation I seem to have gotten myself in.
Recently (about 2 weeks ago) I received via certified mail a summons stating that a past credit card was suing me and I needed to respond ASAP. The question I have is about statute of limitations. I haven't heard anything from the credit card company since 2006. They sent a copy of my last statement as "evidence" and it shows the last statement date as 4/06.
I live in AR and I read online that the SOL for "open ended accounts" was only 3yrs in my state. Can they still sue me? When I signed the agreement I was in IL (military, but my state of residence was still AR). Would that make any differance?
Sorry to be so long but I just would like to get some advise before I end up talking to a lawyer or something (If it comes down to it).