There is a statute of limitations on debt, but it varies depending on your debt type and location. The statute of limitations means creditors and debt collectors cannot sue you for old debt after a ...

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 ...

A recent Ninth Circuit decision confirmed that the one-year statute of limitations under the Fair Debt Collection Practices Act (FDCPA) begins to run when a collection attorney takes the last action ...

A panel of the U.S. Court of Appeals for the Ninth Circuit recently held that because of the timing of a filing in a collection action against a student loan borrower, his claim that debt collectors ...

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 ...

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 ...

Statutes limit how long you can sue for debts; varies by state and crime severity. Missed deadlines mean you cannot pursue overdue payments legally anymore. Investors must understand these limits, ...