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All US states have statute of limitations laws regarding debts. Such laws are applicable to the type of debt incurred, (promissory notes, unsecured debt, liens, etc.). Please refer to the laws of your state of residency for exact information.
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∙ 13y ago
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Can a doctor collect a debt more than 2 years old?
yes..... a doctor can collect a debt for more than 2 years
If you have old debt from another country and a collection agency in the US is trying to collect can they report the debt on your US credit report?
It is possible.
Can a collection agency sue to collect an old debt?
If the debt has not been paid on in more than seven years than no. Otherwise yes.
If a mortgage company goes bankrupt can the company that bought them out legally collect on your old debt?
Yes.
Can a bank collect on an old checking account if the customer has filed bankrusptsy?
Was that debt including in bankruptcy.
Can a debt collector call police to collect a debt?
No.
How can a business collect debt?
A business can collect debt by getting a collection agency to collect the debt. A business could also take it up in court or by putting a lien on the debtor's property.
What may debt collectors do?
can a debt collector come to your house to collect a debt
What if a debt creditor tries to collect something from a 15 year old debt?
He can try, but to pursue collection after being notified by mail that the debt is no longer valid is a violation of the Federal Fair Debt Collections Practices Act.
If one collection agency buys your debt and charges interest and then sells it to another debt collector can that new debt collector collect on the old interest?
Yes. The new debt collector bought the entire debt, including interest that was added on. You will be responsible for the entire debt.
Can a creditor collect on a credit card debt over 8 years old?
Probably; it depends on the laws where you live.
In Arkansas how long can a debtor continue to collect on an old debt?
There are no time limits for how long debt collection can be pursued. Every US state does have a statute of limitations that designates the length of time a creditor has to file a lawsuit against the debtor. The SOL will differ depending upon the state in which the debtor lives or the debt was made and the type of debt.
