If you have old debts, collectors may not be able to sue you to collect on them. That's because debt collectors have a limited number of years — known as the statute of limitations — to sue you to collect. After that, your unpaid debts are considered "time-barred." According to the law, a debt collector cannot sue you for not paying a debt that's time-barred. This article provides information on debt collection for debts that are past the statute of limitations.
Agency Owner
Federal Trade Commission
Audience
ID
150
Language
English
Principle