Alabama Statute of Limitations on Debt Collection
The statute of limitations is a limit of time that a party has
to file a lawsuit for an alleged wrong. In most consumer
cases, the alleged wrong would be a breach of contract - the
contract being the agreement to pay a credit card company for the
use of credit through them. The statue of limitations is the
time with which the credit card company has to file a lawsuit
against a person they claim has breached the agreement to
pay. If the time allowed by your state has expired, you
can no longer be sued successfully for the debt.
Contracts under seal: 10 years, (A.C. 6-2-33)
Contracts not under seal; actions on account stated and for
detention of personal property or conversion: 6 years (A.C.
Open accounts: 3 years (A.C. 6-2-37)
Actions to recover charges by a common carrier and negligence
actions; 2 years, (A.C. 6-2-38)
Have further questions about Alabama Statue of Limitations? Call
SmithMarco, P.C. at 888-822-1777 or contact us
here for a free consultation. Talk to a lawyer today and
know your rights!