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!
A debt collector can attempt to collect on a debt for as long as she wants. She cannot, however, bring legal action against you once the statute of limitations has expired. At this point, she may still attempt to contact you by phone and written correspondence, but that is legally the extent of the actions.
There is no limitation on how long a bill collector has to attempt to collect a debt. The statute of limitations on taking legal action is another matter. Even if your bill is old, and no longer shows on your credit report, a bill collector can still attempt to collect it from you. If it's over the statute of limitations, they would not be able to collect in court, but they are not prohibited from contacting you for payment. Refer to the Fair Debt Collection Practices Act (FDCPA) for more information on the Federal law governing collection activity.
As long as it is collateral for a loan in default.
In Texas, the statute of limitations for collecting a debt through legal action is typically 4 years. However, debt collectors can continue attempting to collect a debt beyond this period, but they cannot sue for the debt once the statute of limitations has expired.
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!
In South Carolina, a debt collector has 10 years to collect a debt from a judgment. This time frame starts from when the judgment is entered. After the 10-year period, the debt may no longer be enforceable unless it is renewed through legal actions.
As long as they feel its worth it, i have come accross a collector from 6 years ago that i forgot about - they rarely forget. There are not time limits for when a creditor or collector can pursue debt collection procedures. In the U.S. all states have SOL's pertaining to how long a creditor has to file a lawsuit against the debtor to obtain a writ o judgment.
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.
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.
The debt being dropped from the credit report has no bearing on the collector's rights to pursue recovery of monies owed. The creditor/collector can contact the debtor seeking payment for as long as they choose. Also, state SOL's for debt(s) apply only to lawsuits, not collection procedures.
In most places the statute of limitations ran out long ago, so a lawsuit to collect the debt is void. In Texas the statute of limitations is four years unless some legal action has been taken within four years to collect the debt.Warning. I just read an item on this. If a debt collector contacts you about this loan and you offer to pay it back the statute of limitations starts again. IF you pay one dollar to the collector he can keep after you to collect the debt . Some debt collectors make a business of buying old debt and it is pure profit for them.
A debt collector can come after you until the debt is satisfied. However, most will to persist beyond 3 years and few will persist after 7.