I have been sued for a credit card debt which is 5 years old. Last payment I made was 5 years ago. The claims in the lawsuit are Breach of contract and account stated. First, what is the statute of limitations in florida for breach of contract and account stated. Second, who has to burden to prove the statute of limitations has expired. Third, if the burden is on me, how do I prove the burden has expired, if both myself or the Plaintiff cannot produce and account statements from that time.
Bankruptcy is a legal way for people or businesses who are no longer capable of paying back their bills to clear these debts and start over.
There are different types of debt, but all involve one person (the debtor) owing money to another (the creditor). Terms of repayment are governed by a contract.
by attorney David Slepkow
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