If you don’t pay your bills, and you owe a debt, that debt collector can sue you. If it’s an original creditor, that original creditor can sue you. In the state of Florida, a bill collector, a creditor, has five years to sue you. The way the statute is written, five years on a contract evidenced by an instrument in writing.
Credit cards are governed by a contract; the terms and conditions. Those terms and conditions are the instruments in writing that means that a bill collector, or a bank, has five years to sue you if you don’t pay your bills. If you don’t pay your bills, you can be sued.