SOL Florida question

Have a relatively simple question. The SOL on credit card debt according to a few other websites is 4 years yet Florida statues are very vague. A collection atorney is asserting that "Open Accounts" are 5 years under Florida law. What do you think?

Here is Florida Staute Title 95.11 which pertains to recovery of property other than real property


(2) WITHIN FIVE YEARS.--

(b) A legal or equitable action on a contract, obligation, or liability founded on a written instrument.


3) WITHIN FOUR YEARS.--

(k) A legal or equitable action on a contract, obligation, or liability not founded on a written instrument, including an action for the sale and delivery of goods, wares, and merchandise, and on store accounts.

(p) Any action not specifically provided for in these statutes.

[JETX]

Ah, therein lies your problem. You are assuming that credit card debt is a written contract, which is 5 years. A credit card is considered an 'open account' (since it is variable and subject to change), which is 4 years.