Credit Card Debt

by Jeremy
(Ponca City, Ok, Kay )

How many years in the State of Oklahoma can one person go with out paying on a credit card until they are not obligated to pay it?

Comments for Credit Card Debt

Click here to add your own comments

Oct 18, 2011
Credit Card Debt


There is no time limit on how long you are obligated to pay a debt that you owe. If it is your debt, you are legally responsible for it and the creditor or a debt collector can try to collect the money that you owe indefinitely. However, and I assume this is what you are referring to, there is a time limit on how long you can be sued for a debt. That time limit is referred to as the statute of limitations (SOL). My sources indicate that the SOL in Oklahoma for credit card debt is 3 years. That 3-year period begins on the date of your last payment on the card.

Click here to add your own comments

Return to Debt Collection Questions.

Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2021 by Mary Reed and Gerri Detweiler.
All rights reserved..
Read our Privacy Policy here. Do not sell my information.