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What is the statute of limitation on credit card debt in Colorado?

Writer Emily Carr

6 years
In Colorado, most types of debt have a statute of limitations of six years….Understanding Colorado’s statute of limitations.

Colorado Statute of Limitations on Debt
Mortgage debt6 years
Medical debt6 years
Credit card6 years
Auto loan debt4 years

What is the statute of limitations on debt in Colorado?

six years
It’s called the debt statute of limitations. In Colorado, debt collectors can sue you for an unpaid debt for up to six years after you default on it. Don’t expect to be sued right way.

What’s the Statute of limitations on debt in Colorado?

Statute of Limitations in Colorado. Unlike many states that set a variable time limit depending on the type of debt, the statute of limitations in Colorado is six years for all debts.

Is there Statute of limitations on unpaid credit card debt?

Anyone with unpaid credit card debt should know their state’s statute. “In most states, the statute of limitations period on debts is between three and 10 years; in some states, the period is longer,” according to the U.S. Federal Trade Commission (FTC).

Is there Statute of limitations on home equity lines of credit in Colorado?

The fourth covers open accounts, which include home equity lines of credit, credit cards, and other revolving accounts. Unlike many states that set a variable time limit depending on the type of debt, the statute of limitations in Colorado is six years for all debts. The clock starts on the day you default.

How to find Statute of limitation in Colorado?

Click “I Agree” to the terms. Click on the Colorado Revised Statutes link on the left column. On the page that appears, type 13-80-103.5 on the search line and hit enter. Scroll down to and click on the link for 13-80-103.5 to go to the section. 3 Go to Statutes, then Browse statutes, scroll to Ch. 926, Sec. 52-576. 4 Search by section number.