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About ncn7883

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  1. I am from Arkansas. Under Arkansas law, credit cards are considered a written contract, so the Statute of Limitations is 5 yrs., not 3. However, A & W law firm files hundreds of suits every year, and most are won by default judgments. They are looking for the low hanging fruit. When a defendant properly answers the suit and is vigilant in defending their case, they typically fold. You are in great hands here. Lots of good, knowledgeable people to help you navigate your way through this, but equally as much work on your part. You've come to the right place!
  2. Shellie Thanks so much for your reply. Not too far from the date....but it is never close enough until you're there!
  3. I am trying to determine the date that is used for SOL. Doesn't appear to be cut and dry. Is it based on the date of the last payment made on a credit card account or the date that the next payment was due. Would appreciate information and sources that will confirm my inquiry. Thank you so much.
  4. CIC has a great article on "Standing when dealing with a JDB", written by an Arkansan with plenty of court experience. "Standing" is the crucial argument for JDB's. Please take some time to read this, really gives an articulate yet simple explanation of it all.
  5. I'm from Arkansas and while Credit cards are open ended accounts, the Arkansas courts have ruled them as written contracts, 5 year SOL. I do know that the 3 year SOL has been successfully argued in court, however, it is an oral argument and needs to be presented by a pro se with lots of ammo/experience and that still may not fly! IMHO, I would stay on the side of the 5 year SOL, unless legally represented, just to be on the safe side. Would love for someone else to chime in on this...especially Arkansans!