Statute of Limitations in AZ

by Nadia
(Tucson, Arizona USA)

I found that the statute of limitations on open - end credit (credit card debt) in AZ is 3 yrs. I also read that AZ is 1 of the states in which a partial payment does not restart the statute of limitations "clock". Is this correct?

I have 2 credit card debts that went delinquent in 2005 and collection law firms are trying to collect now. A judgment was awarded against me on 1 of these debts in July of 2009 (was delinquent in 2005). What can I do?

Comments for Statute of Limitations in AZ

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Jun 13, 2010
arizona debt collection matter
by: Gerri & Mary

Nadia,

We aren't sure the information you have is correct. According the the sources we use, the statute of limitations is six years. We are not attorneys, so we don't want you to take this as legal advice. It would be a good idea for you to check with your state attorney general's office or a consumer law attorney to confirm this.

Judgment debts carry their own statute of limitations, and according to our sources, in state judgments last for five years, and again, we would want you to double check with an attorney. In most states, judgments can be renewed multiple times.

If it turns out you do owe the debts and the statute of limitations have not expired, then your choices will be to:

1. Work out a payment plan

2. Negotiate to settle the debt than less than the full balance.

3. Consider filing bankruptcy if you can't afford the debts.

You didn't state how much you owe, but I would suggest you at least set up a a free consultation with a bankruptcy attorney so you can find out what the statute of limitations is for these debts, as well as discuss your options for dealing with them.

We go over all of these options in more detail in our ebook, Debt Collection Answers: How to Use Debt Collection Laws to Protect Your Rights and you may find that helpful as well in dealing with these debts.

We hope you are able to find a solution that works for you.

Gerri and Mary

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