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What else can I help you with?
How long after bad debt can it be collected?
A bad debt can be collected on indefinitely. The debt is owed until it is paid or written off by the creditor or individual.
How long could a debt be collected after the event by a debt agency?
The Statute of Limitations (SOL) determines that. Each state in the USA has a set number of years that debt collectors can come after you for that. After that set time, the debt is considered legally noncollectable. A simple online search can let you know what your time frame is.
If you already paid a debt can a collection agency legally continue to try to collect the debt?
Not as long as you can prove you paid it.
How long can a collection agency come after you for 70 dollars?
Until you pay your debt
How soon can a vendor send a client's account to a collection agency?
There is no law that restriction how long a creditor or business must hold a bad debt before forwarding it to a debt collections agency.
How long can after a charged off debt can a credit card debt be collected by another company that has purchased the debt?
Depends on which USA state where you live - Check Debt with Statute of Limitations; and http://www.bcsalliance.com/y_debt_sol.html
How long does a collection agency have to validate debt?
30 days from the time the debtor requested written confirmation.
How long does a business have before turning the debt over to a collections agency?
The sooner you turn an unpaid debt over to collections, the better the chance of recovery. I would not suggest any debt over 3 years old. If it is a credit reporting agency, the debt will remain on the debtors credit report 7 years from the dilinqent date.
How long can a debt collection agency sue you in Ohio?
In Ohio, the statute of limitations for debt collection lawsuits is six years for most types of debts. After this time period has passed, the debt collector cannot legally sue you to collect the debt.
How long can bill collectors try to collect a debt?
Until the end of time. Each state has separate statute of limitations that govern how long you can be SUED by a debt collector/agency/attorney, however, that doesn't mean the debt isn't valid and still owed.
Can a debt collection company issue a summons for unpaid unsecured debt?
Yes, once a debt collection agency buys your debt from the original creditor they are legally entitled to all of your debt. Therefore, they can take you to court for any unpaid debts, so long as it is the debt they bought from the original creditor and only that debt.
How long does it take for a debt collection agency to collect a debt?
A debt collector can attempt to collect on a debt for as long as she wants. She cannot, however, bring legal action against you once the statute of limitations has expired. At this point, she may still attempt to contact you by phone and written correspondence, but that is legally the extent of the actions.
