All US states have a statute of limitations concerning the collection of debts. The longest SOL is 6 years, that being the case it is unlikely that the court would allow a creditor or collector to file suit in an eleven year old case. Be advised, it is the responsibility of the debtor to use an expired SOL as a defense when faced with a lawsuit. Wages cannot be garnished without a valid judgment having been awarded by the court.
yes it is an option for them
They are pushing your buttons. The original company has probably written the debt off and it is possibly off of your credit report. Do not pay them one red cent, or they will be able to resurrect the debt.
YES
if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off
Time to GarnishmentThe creditor first has to get permission from the courts to do so. It takes up to two years for the process. But it could take as little as six months. In Texas they can't garnish your wages at all.True, in Texas creditor's can not garnish your wages, but once the money is deposited in to your account, is not wages anymore and yes only after a judgment creditor's can freeze your bank accounts! If you are being sued, contact an attorney and and get legal advice. Filing for Bankruptcy will stopped everything.
yes it is an option for them
They are pushing your buttons. The original company has probably written the debt off and it is possibly off of your credit report. Do not pay them one red cent, or they will be able to resurrect the debt.
YES
if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off
In Texas, they take you to court on a judgment in order to collect. Statutes of limitations on debt collection in Texas is four years. Debtors cannot garnish any wages.
I've had an unemployment overpayment in Iowa for nearly 10 years and have never had any of my wages garnished.
How do you fight a collection agency on an out of state improper turn ticket from 14 years ago?
Time to GarnishmentThe creditor first has to get permission from the courts to do so. It takes up to two years for the process. But it could take as little as six months. In Texas they can't garnish your wages at all.True, in Texas creditor's can not garnish your wages, but once the money is deposited in to your account, is not wages anymore and yes only after a judgment creditor's can freeze your bank accounts! If you are being sued, contact an attorney and and get legal advice. Filing for Bankruptcy will stopped everything.
You need to check with you local statutes under contracts for the statute of limitations most only go for two years
A creditor cannot garnish your wages unless they file a lawsuit and obtained a judgment against you. The time deadline to file a lawsuit will vary by state.
If you fail to pay your credit history and score will be trashed. If you owe enough and fail to pay the creditors may take you to court and sue to garnish your wages. If your creditors don't take you to court they will most likely "charge off" your debt and sell it to a collection agency who will relentlessly hound you for years. It's much easier to pay than to deal with the bad consequences of not paying.
It depends on the state you live in. It is probably nearing the time limit and is why they did something now.