The debt statute of limitations is the legal time limit a party has to collect a debt through the court system. After that time a creditor or third party, such as a debt collection law firm, may not sue to enforce the credit agreement. Collecting using traditional methods such as calling or lettering is still allowed. The statute of limitations varies from state to state and by type of debt, and is typically between three and 10 years.

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Wash. AG Sues Debt Collector for Time-Barred Debt Issues

30 June 2020

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19 May 2020

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CFPB Extends Time-Barred Debt SNPRM Comment Deadline

26 March 2020

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COVID-19: Several States Toll Statutes of Limitations on Legal Actions

25 March 2020

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9 March 2020

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The Impact of the CFPB's Supplemental Proposed Rulemaking for Time-Barred Debt Disclosures is Greater Than What Appears

27 February 2020

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27 February 2020

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24 February 2020

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2020: What’s on the Horizon for the Debt Collection Industry

6 January 2020

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19 December 2019

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Supreme Court: FDCPA Claims Run from Date of Violation, Not from Date of Discovery

11 December 2019

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Mass. AG Enters $4M Settlement with PRA for Allegedly Violating Consumer Protection Laws

11 November 2019

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After Oral Argument, U.S. Supreme Court Seems Poised to Preserve FDCPA SOL Status Quo

24 October 2019

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16 October 2019

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CFPB's Semi-Annual Report Contains Some, But Not Much, Information About Debt Collection

10 October 2019

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Lively Debt Collection Debate Likely in House Fin. Servs. Committee Hearing Tomorrow

25 September 2019

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Texas Passes Debt Buyer Legislation Addressing Out-of-Statute Debt

6 June 2019

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Illinois State Appellate Court Upholds Dismissal of FDCPA and State Law Claims, Finds 4-Year UCC SOL Not Applicable to Credit Card Purchases

23 May 2019

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Two Recent Developments on the Discovery Rule and the FDCPA: Second Circuit Says Discovery Rule Doesn't Apply, U.S. Supreme Court Agrees to Review the Issue

15 May 2019