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Oral debts and open ended accounts are set at 3 years in Washington. Written and promissory notes are six years.

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11y ago

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What is the statute of limitations for debt?

SOL's for debt are established by state law, therefore they vary as to the length of time for different types of debt. Search: " Name of state (example: California) Statutes of Limitations for debt".


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Dental bills, like all debt, have statutes of limitations. However, they vary based on the jurisdiction.


What are the statutes of limitations on Credit card debt in Missouri?

In Missouri these are normally classified as a written agreement. That means the limit will be ten years from the last acknowledgement of the debt.


How long does a lien last when the lien holder is deceased?

Different types of liens have their own statutes of limitations. The heirs of the deceased would inherit the right to collect the debt if they have proof the money is owed. Be aware that your debt doesn't die with the person to whom you owe money.


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What is thestatute of limitation on a medical bill that was written off by the hospital?

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What is the statutes of limitations on a fake ID in Minnesota?

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What is the statute of limitations in Texas on debt collections for a private hospital bill?

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According to Franklin Debt Relief: Statute of LimitationsA statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in California but currently live in Nebraska, the applicable statutes of limitations would be California's.)Oral Agreements: 4 yearsWritten Contracts: 5 yearsPromissory Notes: 5 yearsOpen Accounts (credit cards): 4 years