Credit Card Debt...
Does anyone know what the statue of limitations in IL (or any state) is for credit card debt? I know after awhile the debt becomes null and it cannot be collected on.
Here's why I ask:
I had a Capitol 1 in college and moved right before I got my first statement...I called to change my address with them and still kept in contact with my old roommate and got my mail that came there...thing is, the statement didn't got to my OLD or NEW address. About 9 months later I got a collection call about it and my card (which was a $200 limit) acct was now $435. Anyway, that was a while ago and I haven't heard anything about it since.
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