What is the statute of limitations on a company charging your credit card?

We had a company charge our credit card about two weeks ago that we closed 1 1/2 years ago due to it being stolen. We got a letter in the mail stating that a charge was made using that number and that they tried several times to reach us, no they didn't letter was the first we heard about it, and they transferred the charge to the new account number. I can't understand how the bank can not raise a red flag on this charge, and actually just roll it over to the new account. So I am wondering that when you make a purchase, how long does the company have to charge your credit card before the statute of limitations expires?

Answer:
It sounds like you notified the credit company of the theft, but did you ever file a police report and send a copy of the report to the credit company?

If you had a balance on that card that "you" made, before it was stolen, did you pay that when you closed the card? If it was from a charge that you had made before the card was stolen, then yes, you are responsible for it.

If the charge was made after the card was stolen and you had notified the credit company of the theft, they should not be placing anything on another account of yours.

You should contact them, but don't speak to the first putz that answers the phone, ask for the supervisor or better yet, ask for the fraud department. Find out what is going on.

They should clear it up. "Be sure" to request that they send you, in writing, that they recognize the first account had been closed because of theft and also that you are not responsible for any charges to that card.
In the UK there isn't a limit. Unlike cheques which have to be presented within 6 months.
If you closed the card with the issuer reported it stolen to bank and or issuer you only have to pay what you owed before the account was closed. You must notify any auto payments for bills of the change. Most cards require theft or loss of card to be reported in a timely manner.
Merchants have one year from date of purchase to charge a card.

Here what you could do now. Dispute the charge because the time limit has run out for the merchant to charge your card. Then request your card to be hot listed. This should prevent any more roll overs to your new account.
Not sure if this page will help or not.this is for business to business transactions.

http://www.creditmanagementworld.com/leg.

Statutes of limitations generally vary by state.

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