Is there a maximun on credit card debt for the statute of limitations to apply?
The statute of limitations is how long a collection agency can collect and sue or the debt. It makes no difference how much or how little the amount is. The only limitations are time. ...
Asked in Debt Collection
How long can a debt be collected by a debt agency in Wisconsin?
The statute of limitations starts on the date of the last activity on the account. So, making any payments at all restarts the statute of limitations period. In Wisconsin, the statute of limitations is 6 years. After that, they cannot collect. ...
Statute of limitations met on vehicle cosigned on 2001 daughters car now being threatened w payoff options by collect agency stat of limit met 1107.what are options didnt' know it was still an issue?
If the statute of limitations has expired, the collection agency is just blowing smoke. Tell them that you know the statute of limitations has expired and they have no right to harass you. ...
How many years can a credit card debt be pursued?
Indefinitely!! However that "statute of limitations" is different per state. These limitations prevent an agency from suing you or reporting your debt to the credit bureaus if the age of the debt is too long. Here's the limitations per state: http://www.nolo.com/legal-encyclopedia/statute-of-limitations-state-laws-chart-29941.html Experience: I own a collection agency. ...
Asked in Business & Finance
Can a credit collection agency pursue payment on an account that has been closed for 10 years?
Yes, there is no statute of limitations on debt.
Asked in Debt Collection, Statutes of Limitations
Can a collection agency collect on a debt that is past the statute of limitations?
There is a federal law entitled the FDCPA. Any time you have a collection question you should search for the answer there first. An agency can attempt to collect the debt that is out of statute but they have no way of legally enforcing payment. Many times a person will pay an outstanding bill when its out of statute because they are not aware there are statutes of limitations. Sometimes a bill collection company will not even know that the statute...
In Texas what is the statute of limitations for a finance company or collection agency to sue you after a car has been repossessed?
4 years on promissary notes. A judgment occurs when a creditor takes you to court and sues you for money you owe them. They must do this before the statute of limitations has expired for the original debt. ...
Can a collection agency garnish wages for debt for repo after 9 or 10 years in the state of Arkansas. What is the statute of limitations?
yes it is an option for them
Asked in Statutes of Limitations, Warrants
What happens to a bad check warrant after the staute of limitations has passed?
How do you KNOW that the statute of limitations has passed? - AND - Are you CERTAIN? My adivce would be: Call the law enforcement agency in the county where you think the warrant was issued and ask. ...
Asked in Liens, Statutes of Limitations
What is the statute of limitations on medical liens in the state of California it's by a state agency CCS California Childrens Services?
If underlying judgement valid, they are usually enforceable and they can be renewed typically every 10 yrs unless they impede exemptions you are entitled to in a bk ...
Asked in Insurance, Homeowner's Insurance
If a homeowners insurance agency claimed you the homeowner filed a fraudulent claim is there a statute of limitations on a lawsuit that the insurance company can file against the homeowner?
Every state has different statute of limitations on crimes such as filing a fraudulent claim. Contact an attorney or check out your state's statutes to determine the SOL. ...
What is the statute of limitations for medical bills in Ohio I have been called on a bill from 1999 am I legally responsible for it. It has gone to a collection group.?
What is the statute of limitations for medical bills in Ohio?" I had a $242 medical bill removed from my credit years ago with the explanation of benefits from the medical insurance. The debit is over 8 years old now and I am no longer with that medical insurance. They state they are not able to pull up the EOB now due to the age. I didn't save the one I had because it was removed from my credit. A new...
When a collection agency buys a debt from a credit card company does a new statute of limitations start from the day it was purchased or does the collection agency's statute remain the same?
The statute of limitations starts counting immediately when you made the last payment to either the credit card company or the collection agency. If you ever make a payment to either of them the statute of limitations will start over. If you have not made any payments to the credit card company recently and the credit card company sells the debt to the collection agency, the collection agency's statute of limitations will be from the date that you last paid the credit...
Asked in Debt Collection, Debt Responsibility, Lawyers
Can a collection agency collect from a deceased persons estate?
Yes. A creditor can file a claim against a decedent's estate. Each jurisdiction has its own statute of limitations for filing such a claim. ...
How do you get rid of a collection agency and clear your credit for something that is past the statute of limitations?
One thing you can do it contact the credit reporting agency that is showing it andtell them you want to dispute it. They have a number of days, 90I think, to send you a form and follow up. ...
Asked in Statutes of Limitations
How long is the statute of limitations in which a consumer reporting agency conducting a background check can submit the felony after how man years can it not be reported?
There is no limit to reporting of a criminal conviction. Unless you get it expunged, it is there for life. ...
What is the statute of limitations on an unpaid debt in south carolia state that a collection agency may pursue?
The limitation is 3 years. The start of that time is the last acknowledgement of the debt, which could a payment. ...
Asked in Credit Reports, Debt Collection
Can a collection agency still send you letters after a dispute has been investigated and deleted?
Yes. Deletion from the credit report does not affect whether the debt is owed or whether the statute of limitations on the debt has expired. Note that even if the statute of limitations has expired, collectors still can try to collect the debt -- they just cannot use the courts (or threat of legal action) to collect the debt. If you are getting collection calls on a debt that is past the statute of limitations, just send a written demand to...
Asked in Child Support
Is there a time limit the child support agency can collect arrears in Florida?
There is no statute of limitations on child support arrears in Florida. The debt will continue to grow. For further information regarding collections see related link. There is no statute of limitations on child support arrears in Florida. The debt will continue to grow. For further information regarding collections see related link. There is no statute of limitations on child support arrears in Florida. The debt will continue to grow. For further information regarding collections see related link. There is no statute of limitations...
What is the statute of limitations for malicious prosecution?
Malicious prosecution is a tort and therefore is a civil court matter. Since it would be brought against an agency of the government, there are limitations, A notice of intent to sue must be filed as soon as possible and no later than one year from the discovery of the tort. ...
Asked in Health, Law & Legal Issues, Debt Collection, Statutes of Limitations, Hospitals, Medical Billing and Coding
What is thestatute of limitation on a medical bill that was written off by the hospital?
There are no statutes of limitations on 'bad' debts. Customarily they will sell the debt to a collection agency who will then continue to attempt to collect it from you. ...
Asked in Debt and Bankruptcy
Can you still be contacted on a debt that was written off in 1993?
There is no statute of limitations on collecting a bad debt. If you owed the debt in 1993 and never paid it, you still owe the debt. A judgment has a statute of limitations that is set by both the federal Fair Credit Reporting Act and laws of the state in which you live, or the credit (or collection agency) does business "...whichever is longer". There are circumstances under which an 11 year old debt could be both reported on your credit,...
Can a collection agency collect on a debt that is 10 years old?
Depends on your states statute of limitations. If your state has a 7 year statute than no it can not. But they will try. If statute is not up yet but close to being up then you can ignore their phone calls and mail and let it expire. If you respond it will re-age the debt. However, collection agencies will sell your debt to another collection agency when the statute of limitations on the debt is about to expire. When they...
What is the statute of limitations on an unpaid debt in Washington state that a collection agency may pursue?
The limit on a recorded debt in Washington is set at 6 years. The start of that time frame is the last acknowledgement of the debt, which is a payment or communications. ...