Statute of Limitations on Collection Cases in Georgia

Georgia’s Statute of Limitations Gives Credit Card Companies and Other Creditors Up to 6 years to Sue Debtors 

Georgia’s creditor-friendly statute of limitations gives certain creditors, like credit card companies, up to six years to sue a debtor. Consumers in Georgia who have an uncollected debt should pay attention to the statute of limitation if they want to avoid paying on a debt that is uncollectable.   

According to Georgia Code Title 9. Civil Practice § 9-3-25, for written contracts such as credit card debts, the statute of limitations is six years from the date of the last payment or charge on the account. For oral contracts such as personal loans, the statute of limitations is four years from the date of default. 

For debts owed to the government, such as taxes or fines, the statute of limitations is seven years from the date the debt was assessed.

Attorney Mathew Higbee, who represents consumers who are experiencing financial hardship, says it is not uncommon for creditors to try to pursue claims after the statute of limitations has expired.  “Consumers who know their rights can avoid paying money to creditors if they pay attention to the statute of limitations,” said Higbee.

It is important to note that making a payment or acknowledging the debt can restart the clock on the statute of limitations. If you are facing a collection lawsuit or are concerned about your debts, it’s best to consult with a qualified attorney to understand your rights and options.