Fight your lawsuit here: http://bit.ly/2TmPe8P (We'll have an attorney review your Answer and even mail it for you.) ***Statute of limitations in California*** Oral debt statute of limitations — 2yrs Oral debt is just what it sounds like, you agreed out loud and nothing was in writing. Written debt statute of limitations — 4yrs When considering written debt, think of contracts. Both parties are named, they each agree to do something (for example, to buy and sell something). There could be terms, conditions, amounts, and interest rates. And honestly, it doesn’t even matter how informal it is. A contract could be handwritten . . . at a pub . . . on a stained napkin. #couldbeacontract Promissory debt statute of limitations — 4yrs A promissory debt should have you picturing a mortgage. This is a written promise to pay money back according to a certain schedule, in certain increments, and with a certain interest rate. Open debt statute of limitations — 4yrs Open debt are revolving accounts. Something you can take from and pay back in an open-ended way. In-store credit offerings are a classic example Credit Card debt statute of limitations — 4yrs Mastercard, Visa, Discover, and American Express. You know the drill. Court Judgements statute of limitations — 10yrs If you had one of the above-mentioned kinds of debt, and someone took you to court and got a judgement, there is might be a statute of limitations on the judgement itself. California’s statutes of limitations are generally low, except for judgments California State Oral — 2yrs Written, Promissory, Open, Credit Card — 4yrs Judgements — 10yrs