I was contacted by a company that claimed that they were retained by a firm in the network of attorneys to locate and notify me that there are 2 civil complaints against me for a payday loan for about $300.00 that I never repaid.
The charges are failure to pay the outstanding debt and intent to defraud. I assume that the fraud charges are a result of the credit union closing my account due to excessive overdrafts right around the time that the company would have drafted the payment from my account. The person I spoke to claimed that the loan was from 2005, however I am certain that it was no later than early 2004 because I was living in Florida at the time of the loan and moved to South Carolina mid 2004. The statute of limitation in Florida is 5 years so it would have already expired.
I would like to know which of the 2 states statute of limitation applies to the debt since I was living in Florida at the time of the loan or would the SC statute apply since it is the state I now reside in and is where they want to file the suit.