When we began Seattle Bites Food Tours in 2008 we wanted to select those âhidden gemâ merchants who had outstanding food and who many visitors might not easily find among the crowds on a busy day at Pike Place Market.
The credit card companies have six years to collect a debt. The time starts when the credit cards make their last entry on your credit report. It is not your last payment as credit cards will continue to show late charges and interest penalties.
What Is the Statute of Limitations? Your credit card company or debt collector must sue you in court within a certain amount of time, called the statute of limitations, or it loses its right to force you to pay your debt. Each state makes its own laws regarding how many years your creditor has to file a lawsuit against you.