Didnt know where to post this...

[joser1223]

I have been looking all over the web for the SoL for Puerto Rico and I haven't found anything. Does anybody know? My wife is getting sued for JC Penny card that went delinquent in 2008.

[pizzadude]

That's a good question ~ I am doing a google search and not finding much on that either......Maybe someone else can locate it...

[guiness56]

STATE: PUERTO RICO

Interest Rate

• Legal: 9.25% changes every 6 months (01/01/2007 - 06/30/07) The Legal Interest is granted by the Judge in the Judgment. The rate established for the legal interest is regulated by the Commissioner of the Board of Financial Institution every 6 months.

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 3
• Merchandise Open Account: 3
• Written Contract: 15
• Mortgage: 20
• Domestic Judgment: 15
• Foreign Judgment: 15

[pizzadude]

Thanks Guiness !!

[RobertEG]

Is the potential plaintiff a debt collector?  Has action already been filed?

If not yet filed, a debt collectors has the federal option under the FDCPA to bring any legal action in either the current jurisdiction of residence of the consumer, or in the jurisdiction where the agreement creating the debt was executed.  The SOL at trial would be that of the jurisdiction where the action is brought.