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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SCOTUS Hears Oral Arguments on FDCPA Out-of-Statute Debt Case

18 January 2017

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insideARM Releases Updated CFPB Consent Order Report Including Charts, Analysis and Examples

8 November 2016

How the PHH Decision Could Limit CFPB's Enforcement Powers in Two Critical Ways

12 October 2016

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U.S. Supreme Court Agrees to Hear FDCPA Case

12 October 2016

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5th Circuit Rules Against Collector For Not Making Disclosures in Time-Barred Debt Case

14 September 2016

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4th Cir. Holds Time-Barred Proof of Claim Does Not Violate FDCPA

7 September 2016

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Court Affirms Dismissal of Crawford Case for FDCPA ‘Time-Barred’ Proof of Claim, Case Was Itself ‘Time-Barred’

11 August 2016

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insideARM Perspective on CFPB Outline of Proposed Rules – Litigation and Time-Barred Disclosures

3 August 2016

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CFPB Outlines Debt Collection Rulemaking Proposals

28 July 2016

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9th Cir. Holds Discovery Rule Applies in All Types of FDCPA Cases

28 June 2016

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Eleventh Circuit Court of Appeals Determines that a “Debt Collector” filing a Bankruptcy Court Proof of Claim on a Time-Barred Account is an FDCPA Violation

25 May 2016

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Maryland Debt Collection Litigation Bill Signed Into Law

24 May 2016

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Court Finds Settlement Offers on Time-barred Debts Without Disclosure of the Fact That the Debt is Time-Barred to be FDCPA Violation

12 May 2016

Florida’s Third DCA Reverses Course on Statute of Limitations for Mortgage Foreclosure

25 April 2016

CFPB Targets ARM Industry -- Which Practices Should Your Company Avoid?

22 April 2016

Rhode Island ‘Expired Debt Act’ More Than Name Implies

12 February 2016

Bankruptcy Code Precludes FDCPA Claim for Filing POC on Time-Barred Debt, Fla. District Court Holds

27 January 2016

Massachusetts Proposes New Debt Collection Legislation; Creditors Should Take Note

29 October 2015

Portfolio Recovery Associates Motion Denied in FDCPA Class Action Case

19 October 2015

Three Reasons Your Agency Needs to Be Focused on Disparate Impact

14 October 2015