Secure Debt Shall With No Interest In California
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For most debts, California's statute of limitations is four years from the date of the debtor's last payment, as outlined in California Code of Civil Procedure § 337. However, certain debts have different time limits in place.
New California Wage Garnishment Laws for 2025 AB 2837, effective in 2025, requires a judgment creditor to take additional steps to verify a judgment debtor's address and provide notice of enforcement. (Cal. Civ. Proc.
A 0% APR Credit card still has a credit limit and a 0% APR credit card still reports to the credit bureau like any other credit card, so when you are at 100% of your credit limit, your credit score will drop tremendously. Even at 50% you will have a 80-100 point drop.
Debt collectors may not be able to sue you to collect on old (time-barred) debts, but they may still try to collect on those debts. In California, there is generally a four-year limit for filing a lawsuit to collect a debt based on a written agreement.
There are numerous things wrong with a zero interest rate such as less return on past savings, poor investments, negative returns, and uneconomic growth.
The 7-year rule means that each negative remark remains on your report for 7 years (possibly more depending on the remark). However, after that period has ended, a remark will most probably fall off of your report.
