The debt collector can, however, reach out to you by phone, email, text message or letter in an effort to recover the money you owe. If being contacted about time-barred debt is permitted in your state, you can’t be sued or threatened with a lawsuit over time-barred debt. In other states, this may be prohibited by law. Keep in mind that, in some states, a debt collector may be able to contact you about time-barred debt. If you are hit with a lawsuit regarding time-barred debt, inform the court that the statute of limitations has expired. If your debt is time-barred, a debt collector cannot take you to court to collect the money because this would break the law. Once the statute of limitations window closes, your overdue debt becomes “time-barred.” What Does It Mean When Debt Is ‘Time-Barred’? Here’s a sample of statute of limitations periods in five states: Contact your state attorney general’s office to determine the statute of limitations rules where you live. The statute of limitations varies from state to state. What Is the Debt Statute of Limitations in My State? In addition, factors such as whether a debt agreement is written or oral can affect the statute of limitations period. Some states may require that the clock restart when even a partial payment on the debt is made. Elsewhere, that clock may start at the point when you made your most recent payment. In some states, the statute of limitations clock starts ticking when you fail to make a scheduled payment on a debt. This period can vary based on where you live and what type of debt is involved. The statute of limitations on debt typically falls within three to six years, although some periods are as long as 15 years. On 's Secure Website How Long Does the Statute of Limitations on Debt Last?
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