states that
State Statutes of Limitations for Debt Collection
If you are being hounded by a debt collector for a debt that is years old, the first question you should have is, what is the statute of limitations for this type of debt in my state? A statute of limitations is a statute in a common law legal system that sets forth the maximum period of time, after the debtor becomes delinquent on the debt, that legal proceedings (law suits) based on those events may be initiated. Note that the collection agencies may still try to collect the debt; but a court will throw out a lawsuit.
The type of debt affects the statute of limitations, too. Credit cards are usually considered to be "Open Accounts". Auto loans and other installment-type agreements are considered "Written Contracts".
This chart indicates the number of years of the statute of limitations in each U.S. state, as of Jan 2007. After this date it may change, so consult your state's attorney general's office or a lawyer to confirm.
When this happened, I lived in Nebraska, my then roomate who I believe did this and whom I since have lost touch with. and I were living in CT in June 00 which is the date of last activity. I now live in AZ and also lived in MA. From what I read on this site, we're 8 years out and they're SOL. Am I correct? I said I wasn't going to discuss anything or do anything until I got their letter. When I get that, should I fire off the nice templated too late, fraud if they don't stop I'll report them, or whatever the letter says? Can I also report them for trying to collect a debt past the cut off w/o dinging my credit?
Thanks!
Karen
Message Edited by Kareninaz on
07-02-2008 06:12 PMMessage Edited by Kareninaz on
07-02-2008 06:12 PM