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.
Statute of limitations laws, which vary by the state, govern how long credit card companies have to successfully sue you in court. The average is about six years, according to BCS Alliance, a credit and debt website.