How many years can creditor collect on credit card bad debt in ohio?

how many years can creditor go after you for credit card bad in the State of Ohio

How many years can creditor collect on credit card bad debt in ohio?

Credit card debt is an open ended account and the statute of limitations in Ohio is 6 years, not 15 years.

How many years can creditor collect on credit card bad debt in ohio?

Most creditors will stop trying to collect after six months of being late. If the amount is high enough they will either sell it to a third party collection agency who will try to collect of they can take you to court. If it goes to court they may go after any assets you may have. They can put a lean on your house or anything you own. That means you cant sell your house or possession until you pay the creditor off first. The courts will decide what they can and cannot do.

How many years can creditor collect on credit card bad debt in ohio?

For Ohio, the statute of limitations is 15 years for written contracts. Here%26#039;s a link with more info about the statutes of limitations by state.

How many years can creditor collect on credit card bad debt in ohio?

Bad credit is one of the worst problems to have... however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :

http://umgarticles.atspace.com/debt-cons...

if it helps kindly remember me in your voting!.. cheers!