Can a credit card company sue you in Pennsylvania?

Creditors – banks, credit card companies, other organizations to which you owe money – can sue you in order to collect debts. In Pennsylvania, the creditor typically files the lawsuit in the county where you live.

Can you go to jail for credit card debt in Pennsylvania?

For the most part, NO. There are no debtor’s prisons in the United States. If the judgment against you or the debt that you owe is Civil in nature, (like a credit card debt) you will not get arrested for mere failure to pay that judgment or debt.

How long does a credit card Judgement last in PA?

5 years
Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.

How long is the Statute of limitations on debt in PA?

How long is the Pennsylvania Statute of Limitations on debt? The Pennsylvania Statute of Limitations on written contracts, oral contracts, promissory notes, and open-end accounts is four years. (42 Pa. C.S. 5525 (a)) As a practical matter, the Statute covers most types of debt, including credit cards, medical bills, personal loans, etc.

Is there Statute of limitations on credit card debt?

If the debt arose from a credit card, store credit card, personal loan, overdraft protection, unsecured line of credit, medical bill, or other unsecured credit, then the four-year Statute of Limitations most likely applies. The Statue applies to both written and oral contracts (sometimes called “verbal contracts” by non-lawyers).

What’s the Statute of limitations for personal injury in PA?

In Pennsylvania, the most common Statutes of Limitation are the two year statute (for personal injury and property damage type claims) and the four year statute (for claims based upon any type of contract (this would include Credit Card collection cases)).

What was the average credit card debt in Pennsylvania?

In 1999, the average Pennsylvania consumer had only $2,230 in credit card debt. This number increased by 50 percent in less than a decade, peaking at $3,350 in 2008. Since then, the debt level has decreased, as Pennsylvania residents reduced their credit card debt by 19 percent in less than four years.