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The statute of limitation on debt collection is the same in every state of the United States under the FDCPA (Fair Debt Collections Practices Act)/ The Act provided creditors seven years from the date of last payment to collect a debt. In the event the creditor obtains a judgment, he then has ten years to collect the debt. In the event the creditor is unable to satisfy the judgment in that ten years, he may petition the courts for an additional ten years. In essence, a debt can hang over your head for twenty seven years.

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15y ago

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