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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N.D. Illinois: Debt Buyer Cannot Collect Interest if Implicitly Waived by Original Creditor’s Actions; Finds Debt Buyer is Subject to FDCPA

27 September 2018

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California Imposes SOL Notice Requirement on Debt Collectors; Bans Legal Action on ‘Time-Barred’ Debt

28 August 2018

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FDCPA Caselaw Review for June 2018

12 July 2018

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3rd Circ: FDCPA Statute Of Limitations Runs from Date of Violation, Not Discovery

6 June 2018

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Richardson v. LVNV Funding, LLC and the Dilemma of Unclear Out-of-Stat Requirements

28 November 2017

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5th Cir. Holds Threat of Lawsuit to Collect Partially Time-Barred Debt Did Not Violate FDCPA

21 September 2017

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Big Changes to West Virginia Debt Collection Laws Now in Effect

19 July 2017

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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