Can Debt Collectors Collect Old Debts Which Are Too Old to Sue Upon, i.e. Beyond the Statute of Limitations?
They can try, but this is a situation where the consumer is advised to inform himself of the statute of limitations in his or her state. Statutes of limitations vary from state to state. In California, most consumer debts are treated as written contracts, and the statute of limitations for breach of a written contract in California is four years after the date of the breach. The date of the breach will probably be interpreted as the date of first delinquency on your credit report.
Related Questions
- Are there limits on what debt collectors or collection agencies can do when they attempt to collect delinquent debts?
- Can Debt Collectors Collect Old Debts Which Are Too Old to Sue Upon, i.e. Beyond the Statute of Limitations?
- Is there a statute of limitations in sc concerning debt collection from collectors?
