All actions upon available account should be brought within four years.
For the account that is open Georgia statute of limits is four years.
just what does it suggest?
The period begins from the date of the default and not the date of the last payment in this case.
Georgia business collection agencies legislation
When it comes to residents of Georgia, the federal Fair Debt Collection methods Act (FDCPA)protects them from intrusive, harassing or misleading business collection agencies techniques often used by creditors for commercial collection agency. These creditors often consist of merchants, credit card issuers or all those who have extended home debts for you.
Although GA business collection agencies legislation protect you against creditors, it generally does not erase your debt. Additionally, creditors have reached freedom to just just take appropriate action against you, to learn more e mail us Galler Law attorneys that are very expert haveing experience of 30+ years.
The statute of restrictions takes away creditorsвЂ™ protection under the law
Georgia statute of limits forbids your creditors to get away from you. Læs resten