What is the statute of limitations on credit card debt in my state?

The statute of limitations on credit card debt in Rhode Island is 6 years. This means that if you are sued for an unpaid credit card debt, the creditor must begin legal proceedings within 6 years from the date of the last payment made on the account. After 6 years have passed, you cannot legally be sued for the unpaid debt. This 6-year period applies to all types of consumer debt, including credit card debt, that is subject to Rhode Island law. It is important to note that the 6-year period begins on the date of the last payment, not on the date of the last billing statement. It is also important to note that the statute of limitations on credit card debt applies only to legal action, not to collection efforts. Collection agencies may continue to attempt to collect an unpaid debt after the 6-year period has expired. However, they cannot sue you for the debt after 6 years have passed. You should also be aware that the statute of limitations may be extended if you make any payments on the debt or if you acknowledge in writing that you owe the debt. For this reason, it is important to be careful when dealing with collection agencies to ensure that you do not inadvertently reset the 6-year period. It is important to understand the statute of limitations on credit card debt in your state, so that you know your rights if you are sued for unpaid debt. In Rhode Island, the statute of limitations on credit card debt is 6 years.

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What is the statute of limitations on credit card debt in my state?

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