The statute of limitations is the length of time creditors can sue for a debt. This period is usually around three to six years. Many, or all, of the products featured on this page are from our ...

If you're behind on payments, you should know what the odds are that a debt collector will take legal action.

Debt collectors can pursue old debts even after they expire. However, consumer protections limit how and when debt collectors can contact you. Notably, each state has statutes of limitations, which ...

You cannot sue someone for doing something wrong to you decades ago. It’s not because the grudges aren’t real but because of a legal concept called the statute of limitations. Similarly, someone ...

The U.S. Court of Appeals for the Sixth Circuit recently affirmed that a debt collector did not violate the Fair Debt Collection Practices Act (FDCPA) when it threatened legal action to collect debts ...