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Does statute of limitation on debt restart when sold to new collections?
Wiki User
∙ 15y ago
The Statute of Limitations runs from when the debt is incurred. It is not restarted if the debt is sold. The only way it can be extended is by a payment, or lawsuit.
Wiki User
∙ 15y ago
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What are the statute of limitations of debt in India?
what are the statute of limitation of debt in india gujarat for NBFC housing finance company
What is the statute of limitations for being suited on debt collections for medical bills in California?
A medical bill would be a written agreement. In California they have set the limitation at 4 years.
What is the statute of limitation on credit card debt in New york?
The statute of limitation for unpaid credit cards in N.Y. is 7 years.
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The limit does not exist!
How long can a debt collector attempt to collect a debt in pa?
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. You should get the answer, there are a lot of websites that have State Statute of limitation. Thanks!
How long is the statute of limitation on a credit card debt in MN?
7 years
How long can a debt collector attempt to collect a debt?
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!
What is the statute of limitation on money owed by a family member?
The statute of limitation for all debt in the US and its territories is the same, 7 years from the date of last payment, and 10 years on all accounts under judgment from the date of the judgment or last payment, which ever is later. the federal law that regulates this is the Federal Fair Debt Collections Practices Act, and no state or territory may enact a law that circumvents it.
Does discussing an old debt with an collector restart the statute of limitations?
It can restart the clock if the debt is acknowledged. It is better not to talk to collectors and certainly not admit to owing the money.
Can a debt collection compoany chase you for a debt that is nine years old?
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 a lawyer collect on a debt if the debt is over 8 years old?
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!
What is the statute of limitation for a debt to be collected in Pennsylvia?
Most debts would be a written agreement. In Pennsylvania they have set the limitation at 4 years.
