Statute of Limitations News RSS Feed

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.

See all Topics

Filter by Location

Alabama Alaska American Samoa Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Northern Mariana Islands Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas United States Virgin Islands Utah Vermont Virginia Washington Washington D.C. West Virginia Wisconsin Wyoming
[Image by creator Krasimira Nevenova from AdobeStock]

NYC Debt Collector Rules - Amendments Proposed; Public Hearing to be Held Dec 5th

28 November 2022
File drawer with one folder in focus, labeled "Court Decisions" [Image by creator tashatuvango from AdobeStock]

Aged Account Comes Back to Haunt Collections Firm: Federal District Court Revives Time-Barred FDCPA Claims

27 September 2022
Microphone sitting on table [Image by creator olegkruglyak3 from AdobeStock]

Virginia Governor Vetoes Medical Debt Collection Bill

20 April 2022
A smiling anchor man delivering the news in front of a black and white world map [Image by creator Olly from AdobeStock]

New York Enacts Significant Changes Impacting Debt Collection Lawsuits

29 November 2021
An animated image of a judge facing two lawyers in court [Image by creator cookart from AdobeStock]

Maryland High Court Rules Debtors’ Attempts to Void Judgments for Unlicensed Debt Collection Subject to 3-Year SOL

27 October 2021
[Image by creator enterlinedesign from AdobeStock]

Court Finds FDCPA SOL Accrues on Date Debt is Reported to CRA; FCRA Does Not Require Adherence to Metro 2 Guidelines

6 May 2021
File drawer with one folder in focus, labeled "Court Decisions" [Image by creator tashatuvango from AdobeStock]

FDCPA’S Bona Fide Error Defense Applies to a Mistake of Law in Determining the Appropriate Statute of Limitations

18 March 2021
Microphone sitting on table [Image by creator olegkruglyak3 from AdobeStock]

Part 2 of the CFPB's Final Debt Collection Rule (Reg F) is Here

18 December 2020
Image of a compass with the arrow pointing towards the word "trend" [Image by creator Olivier Le Moal from AdobeStock]

2020 Collections-Related Case Law Year in Review

17 December 2020
Microphone sitting on table [Image by creator olegkruglyak3 from AdobeStock]

CFPB Debt Collection Rule Released: How Did the Cookie Crumble on Hot Industry Topics?

30 October 2020
US Capitol Building [Image by creator Gary from AdobeStock]

Debt Collection Should be on Congress' Mind, Congressional Research Service Suggests

26 October 2020
[Image by creator enterlinedesign from AdobeStock]

The Trichell Offspring Saga: M.D. Fla. Dismisses FDCPA Suit for Lack of Standing

20 October 2020
Business man yelling into a megaphone [Image by creator motortion from AdobeStock]

CFPB Sues Encore for Issues Related to Collection Litigation and Time-Barred Debts (and the Irony Behind Some of These Claims)

9 September 2020
Arms of 5 business people holding up different colored large "quote" marks [Image by creator Sergey Nivens from AdobeStock]

Consumer Relations Consortium Submits Comment to CFPB’s SNPRM for Time-Barred Debts

5 August 2020
Photo of hourglass with sand all in the bottom [Image by creator Zerophoto from AdobeStock]

4th Cir. Holds Each FDCPA Violation Subject to New Statute of Limitations

15 July 2020
Photo of hourglass with sand all in the bottom [Image by creator Zerophoto from AdobeStock]

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

30 June 2020
Arms of 5 business people holding up different colored large "quote" marks [Image by creator Sergey Nivens from AdobeStock]

CFPB Extends SNPRM Comment Period Again Due to COVID

19 May 2020
A white computer keyboard with a large green key that says "Payment" [Image by creator ArtemSam from AdobeStock]

Moral of the Story: Web Payment Portals Need Time-Barred Debt Disclosures if Applicable

28 April 2020
Arms of 5 business people holding up different colored large "quote" marks [Image by creator Sergey Nivens from AdobeStock]

CFPB Extends Time-Barred Debt SNPRM Comment Deadline

26 March 2020
Photo of hourglass with sand all in the bottom [Image by creator Zerophoto from AdobeStock]

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

25 March 2020

About

News RSS Feed



insideARM is a publication of The iA Institute.

Copyright insideARM LLC. All rights reserved.