The Center For Debt Management
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TITLE 15–COMMERCE AND TRADE

CHAPTER 41–CONSUMER CREDIT PROTECTION

Sub Chapter&nbspII-A –Credit Repair Organizations

Sec. 1679i. Statute of limitations
   Any action to enforce any liability under this subchapter may be 
brought before the later of--
        (1) the end of the 5-year period beginning on the date of the 
    occurrence of the violation involved; or
        (2) in any case in which any credit repair organization has 
    materially and willfully misrepresented any information which--
            (A) the credit repair organization is required, by any 
        provision of this subchapter, to disclose to any consumer; and
            (B) is material to the establishment of the credit repair 
        organization's liability to the consumer under this subchapter,

    the end of the 5-year period beginning on the date of the discovery 
    by the consumer of the misrepresentation.

(Pub. L. 90-321, title IV, Sec. 411, as added Pub. L. 104-208, div. A, 
title II, Sec. 2451, Sept. 30, 1996, 110 Stat. 3009-461.)
						
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