What is the statute of limitations for debt collections in NH?

Answer 1

In New Mexico the statute of limitations for an open ended account is set at 4 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.

Answer 2

In New Mexico the statute of limitations for an open ended account is set at 4 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.

Answer 3

It will vary depending on the type of debt. Written agreements, including Promissory notes are set at 6 years in New Mexico. Oral agreements and open ended accounts (such as your credit cards) are set at 3 years.

Answer 4

4 years oral commitment

6 years written

6 years promissory

4 years open - ended account

Answer 5

Collection of Debt on Account4 yrs. §37-1-4Court Awarded Judgments14 yrs. from ct. of record; 6 yrs. otherwise §37-1-2, 3

Answer 6

• Open Accounts (Years) - 3
• Contracts in Writing(Years) - 3
• Domestic Judgments - 20
• Foreign Judgments - 20
• Judgment Rate - 4%