The statute of limitations on credit card debt in Texas is four years. This statue of limitations means that a creditor cannot sue a debtor over a debt once four years has passed since the last day the debtor made a payment on that account.
If a debtor makes a payment on a delinquent account, the start date for the statute of limitations resets. For example, if a debtor has not made a payment on a credit card account for three and a half years, making a payment resets the clock to the beginning. In contrast, if the same debtor opts not to make a payment, the statute of limitations passes six months later.
If the statue of limitations has passed, that doesn't mean that the debt is erased from the debtor's credit report. In most cases, debts remain on credit reports for up to seven years after the debtor's last contact with the lender. If the debtor declares bankruptcy, their negative records may stay on their credit reports for up to 10 years.
In most states, the statue of limitations for credit card debt ranges from three to 10 years. Most states have a different statue of limitations for written contracts, oral contracts and promissory notes. Texas, however, has a four-year statue of limitations in all three categories.