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.

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In Writing: What the New West Virigina Updates Mean for Debt Collectors

12 May 2015

Larger Market Participants Convene in Washington for High Level Discussion

4 May 2015

DBA International Offers Webinar on Understanding the New Risks in the Bankruptcy Claim Process

16 April 2015

Collection Agency Seeking Circuit Court Rehearing in Pivotal FDCPA Time-Barred Debt Settlement Case

11 February 2015

Eliminating the Collection of Time-Barred Debt: Where is the Consumer Protection?

4 February 2015

NCLC Calls for Outright Ban on the Collection of Time-Barred Debt

30 January 2015

A Settlement Offer on Time-Barred Debt May Violate FDCPA Says Split Sixth Circuit

14 January 2015

New York AG Announces Settlement with Encore Capital Over Collection Lawsuits

9 January 2015

Fallout Growing from FDCPA Decision on Proof of Claim on Time-Barred Debt

18 November 2014

Regulators Urge Caution and Full Disclosure on Time-Barred Debt Collection

10 September 2014

New York Times Takes Unflinching Look at the Secondary Debt Buying Market

15 August 2014

Debt Industry Responds to New York's New Rules for Collectors, Buyers

22 July 2014

Circuit Court Holds that Filing a Proof of Claim on Time-Barred Debt Violates FDCPA

14 July 2014

Middle District of Florida Clarifies Application of FDCPA and FCCPA Statutes of Limitation

27 June 2014

State May Have to Defend its Debt Collection Practices After Settlement

24 June 2014

ACA Submits Amicus Brief in Debt Collector’s Statute of Limitations Case

5 June 2014

Collectors are Watching the CFPB on Time-Barred Debt

29 May 2014

Why the CFPB's Position on Time-Barred Debt is Bad for Consumers

27 May 2014

State Shortens Period for Mortgage Debt Collection After Foreclosure

16 May 2014

Court Rulings Have Shaped Landscape for FDCPA Rulemaking

15 May 2014

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