0
It is unlikely that they can sue after the statute of limitations has expired. However, when the time starts is going to be in contention.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoNo it no longer applies. The statute can start running again at that point. If they don't collect in the appropriate time frame, it will go away.
Add your answer:
Earn +20 pts
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.
Can the debt collector sue you for a 12 year old account?
It depends on the statute of limitations in your state for debt collection lawsuits. If the debt is past the statute of limitations, the debt collector may not be able to successfully sue you. However, they can still attempt to collect the debt through other means like phone calls or letters.
What is the statute of limitations for a creditor to sue for a debt in the state of Colorado?
http://www.expertlaw.com/library/limitations_by_state/Colorado.html
What is the statute of limitations in NJ for collecting a judgment debt?
no statute of limitations on judgements
Can a creditor sue you after 6 years?
The time limit for a creditor to sue you for a debt is usually defined by the statute of limitations, which varies by state and type of debt. In some cases, creditors may still attempt to collect the debt after the statute of limitations has passed, but you can raise the defense that the debt is time-barred in court. It's recommended to consult with a legal professional for advice on your specific situation.
How long can a debt collection agency sue you in Ohio?
In Ohio, the statute of limitations for debt collection lawsuits is six years for most types of debts. After this time period has passed, the debt collector cannot legally sue you to collect the debt.
What is the statute of limitations for debt collection in Michigan?
There is no statute of limitations for debt collection in Michigan. You can continue to collect as long as the debt is owed. The debt can be sold as well.
Statute of limitations credit card 15 years old North Dakota?
In North Dakota, the statute of limitations for credit card debt is typically 6 years. After this time period, the creditor may not be able to sue you to collect the debt. If your debt is 15 years old, it is likely past the statute of limitations and you may not be legally required to pay it. However, it's important to be cautious, as making a payment or acknowledging the debt could restart the statute of limitations.
Is there a statute of limitations for a house lien in Texas?
No there is not statute of limitations. The lien serves as notification that a debt is owed and secures that debt.
Can you be sue for charge off account?
Yes, if the debt is not barred by the statute of limitations. In addition each state has different rules on the timeframe.
What is the statute of Limitations for debt collecting from a deceased person in the State of Kansas?
The statute of limitations for debt collecting from a deceased person in the state of Kansas is ?æfive years. However, the statute of limitations for debt collection will vary in other states.
How many years are you responsible for a debt?
The length of time you are responsible for a debt depends on the type of debt and the statute of limitations in your state, typically ranging from 3 to 10 years. However, it's important to note that even after the statute of limitations has passed, the debt still exists, but the creditor can no longer sue you for payment.
