What is the statute of limitations for medical bills in CO?

Answer 1

Three years for open accounts (credit cards). Six years for written contract (signed promissory note). Three years for goods and services. Judgments 10 or 20 years and renewable depending upon the transaction.

Answer 2

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Colorado is 3 years. That is typically measured from the last use or payment.

Confirmed by a lawyer today that it is in fact 6 years. Here is the CRS:

13-80-103.5. General limitation of actions - six years.

(1) The following actions shall be commenced within six years after the cause of action accrues and not thereafter:

(a) All actions to recover a liquidated debt or an unliquidated, determinable amount of money due to the person bringing the action, all actions for the enforcement of rights set forth in any instrument securing the payment of or evidencing any debt, and all actions of replevin to recover the possession of personal property encumbered under any instrument securing any debt; except that actions to recover pursuant to section 38-35-124.5 (3), C.R.S., shall be commenced within one year;

(b) All actions for arrears of rent;

(c) All actions brought under section 13-21-109, except actions brought under section 13-21-109 (2);

(d) All actions by the public employees' retirement association to collect unpaid contributions from employers for persons who are not members or inactive members at the time the association first notifies an employer of its claim for unpaid contributions. This paragraph (d) shall apply to causes of action as provided in section 24-51-402 (2), C.R.S.

(e) All actions brought for restitution and civil penalties pursuant to section 25.5-4-306, C.R.S.

Source: L. 86: Entire article R&RE, p. 697, § 1, effective July 1. L. 87: (1)(a) amended, p. 568, § 4, effective July 1. L. 89: (1)(c) added, p. 757, § 5, effective July 1. L. 95: (1)(d) added, p. 562, § 20, effective May 22. L. 2001: (1)(e) added, p. 326, § 2, effective July 1. L. 2002: (1)(a) amended, p. 1331, § 1, effective July 1. L. 2006: (1)(e) amended, p. 2001, § 48, effective July 1.

Editor's note: This section was contained in an article that was repealed and reenacted in 1986. Provisions of this section, as it existed in 1986, are similar to those contained in 13-80-110 as said section existed in 1985, the year prior to the repeal and reenactment of this article.

Answer 3

Collections under debts would be law suits on contract if sued civilly. In Colorado, the SOL to sue on contract is 6 years. Therefore, if the suit is not filed within 6 years of the invoice, the court would dismiss the lawsuit.

However, in collections type litigation, collectors are permitted to use the date of last activity on the account to determine when the clock starts ticking. Collectors are very savvy, and will often make additional activity on your account every few years in order to restart the clock and extend the SOL. Further, once they sue and obtain a judgment, there is no limit on how long they have to collect.

Answer 4

It varies depending on the type of debt. Written agreements, including Promissory notes and Open ended accounts are set at 6 years in Colorado. However, Open Ended Accounts (in most cases, credit cards) are set at only 3 years.

What about a default car loan after they repossessed the car over 6 years ago (Feb-2006)

Answer 5

Medical bills are considered contracts for services rendered. The SOL for medical bills in CO. is three (3) years.

Answer 6

The statute of limitations on past due medical bills in the state of Colorado is currently three years. This also goes for auto loans and consumer debt.

Answer 7

There is no statute of limitations on a debt, anywhere. If you owe a debt, you're responsible for that debt until it's repaid.