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Can debt collectors still collect if debt is more than 5 years old?
Wiki User
∙ 16y ago
That depends on the state in which the transaction took place and the type of debt.
The statute of limitations (SOL) varies from state to state, and in many states it also differs with various types of debt, and whether or not there is a written contract.
On average, the SOL is about 5 years, but it can be as short as two and as long as 20, so you'll need to check for the type of debt in the applicable state.
The statute of limitations does not make the debt go away - but it does block the creditor from suing you, garnishing wages, or posting a negative on your credit report. They are still allowed to send letters and call you to attempt to collect - but they cannot threaten to sue or anything they are not legally allowed to do.
Wiki User
∙ 16y ago
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Limit to how long collectors can legally collect your debt in Ohio?
In Ohio, the statute of limitations for collecting a debt is typically 6 years for written contracts and 4 years for oral contracts. After this time period has passed, creditors cannot sue you to collect the debt, although they can still attempt to collect it. It's important to be aware of your rights under the Fair Debt Collection Practices Act (FDCPA) to ensure collectors are following legal guidelines.
What may debt collectors do?
can a debt collector come to your house to collect a debt
Where can one find a list of debt collectors in the UK?
There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.
What can debt collectors do to collect debt?
Debt collectors (not the original creditor) is governed by this very nifty federal law: Federal Debt Collections and Practices Act (FDCPA). Sample of FDCPA and Sates see below in the link
Can debt collectors still collect if debt is more than seven years without contact?
Hello, Please search in google for State Statute of limitation. I could have answered that, if i knew which type of debt it is and which type of contract you have along with your state. You should get the answer, there are a lot of websites that have State Statute of limitation. Thanks!
Can the repo man speak to your employer about repossesing your car?
Debt collectors will use any means for information to collect their debt.
Can debt collectors trespass?
Debt collectors are not allowed to enter your property without permission, so if they do so, they would be violating trespassing laws. However, they can visit your property to attempt to collect a debt as long as they do not enter your home without permission.
How long can bill collectors try to collect a debt?
Until the end of time. Each state has separate statute of limitations that govern how long you can be SUED by a debt collector/agency/attorney, however, that doesn't mean the debt isn't valid and still owed.
Can a debt collection agency make calls from the US or Canada into the UK for debt collections?
Not all companies collect outside of the US, but when they do collect, collectors dont have any issue calling international
What is your business?
When a customer's loan or bill goes into default the company that lent the debtor the money will try to collect the debt. Most debt collectors are from the actual lender or are contractors that have purchased the debt and will try to collect the money from the debtor with interest.
How many years can a creditor come after you?
The statute of limitations for creditors to pursue a debt varies by state and type of debt, but it typically ranges from 3 to 10 years. After this period, creditors can no longer sue you to collect the debt, though they may still attempt to collect it through other means.
Can a doctor collect a debt more than 2 years old?
yes..... a doctor can collect a debt for more than 2 years
