There is no clear statute regarding limitations for a lawsuit to collect a credit card debt in Arizona. Repossessions can be removed from your credit reports in some situations, especially if they are inaccurate or unfair.You have 20 days to respond to a debt lawsuit in Arizona. The statute of limitations for credit card debt in Arizona is three years. Consumer Complaints. Facing repossession in Phoenix? Fight back with the help of our Arizona bankruptcy lawyer! You may also complete the consumer complaint form and deliver via postal mail, email or fax using the contact information below. Arizona's repossession law was established to help protect consumers from wrongful repossession of property. Written contracts, including most credit card debt, 6 years.