I recently read a news article that each state has a statue of limitations between 5-8 years on the time a place/company has to resolve/collect a debt. I was wondering what this time was for Washington state.
What is the statute of limitation for Debt Collection in Washington state?
It depends on the type of Contract.
Written Contract - 6 Years
Oral Contract - 3 Years
Promissory Note - 6 years
Credit Cards - 3 Years
Reply:That is the time for initiation of debt collection. If they don't, it is presumed that they are not interested in collecting the debt. If they want, they can keep pursuing collection actions into the next century.
Reply:Hi,
I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It's legitimate,I came across this company on NBC News Special Edition.Check it out here:
http://CreditSolution01.notlong.com
purchase flowers
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment