Once a debt passes beyond the statute of limitation in your state, a debt collector
no longer has the right to sue you for payment. You may still have a moral ...
If the statute of limitations (the time period in which a creditor must sue you) has
run on an old credit card debt, a collection agency can still contact you and ask ...
That's because debt collectors have a limited number of years — known as the
statute of limitations — to sue you to collect. After that, your unpaid debts are ...
Mar 9, 2015 ... If the time limit to sue on the old debt expired under your state's statute of
limitations, that does not mean that a creditor or bill collector must stop ...
The statute of limitations on a debt keeps debt collectors from winning a lawsuit.
The limit varies by state and depends on the account's last date of activity.
Feb 6, 2012 ... Here's the tricky part: All states have statutes of limitation on how long you can be
sued to collect a debt. And after seven years, unpaid debts ...
Jul 31, 2010 ... Collecting old consumer debts has become a labyrinthine industry involving
buyers of secondhand debt, muddled statutes of limitation, lawsuits ...
A statute of limitations is the limited period of time creditors or debt collectors
have to file a lawsuit to recover a debt.
If a debt collector sues over a debt that has gone unpaid for longer than the
statute of limitations period, you can challenge the lawsuit. If you are sued and
A statute of limitation is the length of time someone can bring a ...