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New ruling increases SOL in Georgia on credit card debt

February 22nd, 2008 · 2 Comments

Kristy

by Kristy

Just received this notification:
I handle a lot of debtor cases and bankruptcies. Please note for revisions to your site that to my regret, the Georgia Court of Appeals came out with a decision on January 24, 2008 in Hill v. American Express that in Georgia the statute of limitations on a credit card is six years after the amount becomes due and payable. I have been using 4 years in my litigation with collection law firms and advising clients. Major setback for people arguing old debt statute of limitations.

TIMOTHY G. COOK

Attorney at Law
1820 The Exchange, Suite 150
Atlanta, GA 30339
(770) 952-5000
Facsimile (770) 955-6173

Popularity: 6% [?]

Tags: Credit Cards

2 responses so far ↓

  • 1 WCAdjGA // Mar 17, 2008 at 8:47 am

    I see that the debtor has applied to the Supreme Court for certiorari…what are the chances of it being granted?

  • 2 admin // Mar 19, 2008 at 9:20 am

    I’m not sure - but it would be interesting to see.

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