What is the Oregon statue of limitation credit card debt?

Answer by  echurch (393)

Creditors have a limited time to sue their debtors for money owed. In Oregon the statute of limitations on credit card debt is six years.

Answer by  amariejackson (35)

According to Oregon state law the statute of limitations is six years. This may only apply is an individual has not made any payment to their debt in this period.

Answer by  patti (29325)

See the Fair Debt Collection Practice Act, a federal law; state law is secondary or additional. Most debt expires 3-6 years after the last activity. Not all debt is subject.

Answer by  TitusMcCoy (44)

The statute of limitations for credit card debt in the state of Oregon is 6 years. This information is current as of January 2010.

Answer by  Gabriel (2146)

There are no statutes of limitations on credit card debt. A company can pursue the debt for as long as it takes to obtain their money.