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Entries Tagged as 'Written Accounts'

Credit Cards – Open Ended or Written Accounts?

January 22nd, 2009 · 5 Comments · Consumer Debt, Consumer Info, I'm being sued!

For some people being hounded or even sued for credit card debt,  whether or not a credit card is considered to be a written or open account by state statutes is crucial.  Why?  Because of the statute of limitations on the debt.  If a debt is past the statutue of limitations, a consumer can not [...]

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