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mesejo87

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Does the statute of limitations clock start on the last date of payment or the date of charge off?
This question is specifically for credit card debt.

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That is a good question. I am taking a guess here and I would assume that it starts at the DOFD (date of first delinquency) just as the seven year credit reporting time does. I do think that different states may have different starting points as they have different terms of SOL. Try to look up your state law on this. If you are being taken to court for this, SHOW UP, even if the SOL has expired, you need to be there. If dealing with debt collectors harassing you, read up on the FDCPA (fair debt collection practices act).

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