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Answered 2008-08-18 13:28:06

Take a look at http://www.fair-debt-collection.com/statue-limitations-explained.html

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Does an insurance payment extend the statute of limitations in Wisconsin?

If it deals with the validity of the insurance agreement, yes. If it is related to a claim made by someone else, no.


What can restart the statute of limitations on medical bills?

There are a number of ways to extend the statute of limitations. Any payment toward the bill will restart the clock. Any acknowledgement that the debt is owed starts the clock over. If they call and you say, "Yes, I know I owe it" you have started the clock again.


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There is a statute of limitations on unpaid traffic tickets in BC of five years. This can be renewed if the city attorney wishes to extend the limit.


Do you still have to pay a store card debt after 7 years?

The statute of limitations per the FDCPA (Fair Debt Collections Practices Act) is seven years from the date of last payment. In that time, if it becomes clear to the creditor that you will not have paid off the balance owed, they will very likely obtain a judgment against you that will extend this to ten years from the date of the judgment.


What is the statute of limitation on IRS debt?

Generally the statute of limitations for an IRS debt is 10 years from the date the tax liability was assessed. There are several things that can extend the statute of limitations however. Filing bankruptcy will extend the statute by the amount of time the taxpayer is in bankruptcy if the bankruptcy does not completely eliminate the tax liability. Submitting an Offer In Compromise will extend the statute as well. There are many other factors that affect the statute of limitations. If you have a question about your collection statute in relation to your tax liability, some experts offer a free tax consultation. Knowing when your collection statute expires can prove to be very valuable information for a variety of reasons.


If a 20 yr judgment is not satisfied and soon to be expired then some money is paid by debtor as acknowledgement of money owed does this extend the judgment from day of receipt of that payment?

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What is the statute of limitations on unpaid taxes to the IRS?

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Do the statute of limitations and the right to a speedy trial cover the same rights?

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How long is statute of limitations if there is fraud or conspiracy for stealing good or land sale receipts?

From 2 years it can extend for more than 10 years tooo


Does death of plaintiff extend Statute of limitations?

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What is the statute of limitations for an injury law suit?

It varies by jurisdiction. In most places such cases are limited by 3 or 5 years. But there are reasons, such as discover of the injury, that can extend this time.


How long can a collection agency collect?

Collections agency typically are given a year or more to collect on any account before it is sent on to another agency by the creditor. Some creditors use individual agencies exclusively and do not continue to forward accounts. By federal law, activity to secure paymant against a debt may continue for seven years from the date of last payment. In the event the debt has not been paid in full, the creditor may seek judgment against the debtor. In this event, judgment extends the time to ten years from the date of the judgment. If the creditor is unable to satisfy the judgment in ten years, they may petition the court for an additional ten years. Effectively, debt collections activity, if planned right can extend for twenty-seven years.----------------------------------------------------------------------------------------Every state has its own Statute of Limitations.For example, a written contract can have a Statute of Limitations of 3-15 years, depending on the state.


What is the statute of limitations for a class action in the USA?

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Is there a statute of limitations for insurance companies to settle a claim on auto insurance?

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What is the statute of limitations in Ohio for ovi?

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What is the extencion of statute of limitation on medical malpractice in floriuda?

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What is the statute of limitations to sue a vet in small claims court in Florida?

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Did the president extend the statutes of limitation for credit card debt?

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If the statute of limitations for open ended accounts is six years in Pennsylvania and a Capital One card is for an open ended account can the statute of limitations be reached in four years?

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What is the statute of limitations for bank robbery in Florida?

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Does money have any serious limitations and what are these limitations?

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How many years can a collection agency try and collect on a old medical bill in Washington state?

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What are some antonyms for the word limitations?

The word limit marks the end of something. An antonym for the word limitations is advantage. Other possible antonyms are infinity, extend and freedom.