Do Creditors Have a Certain Amount of Time to Sue for Payments?

Yes. The first thing you should do is determine if the statute of limitations for collecting a debt in your state has expired. If the number of years has passed, the debt may be un­collectable.  An attorney should be consulted about whether or not the original creditor or any assigned collection agency can still go to court to get a judgment for repayment of the debt.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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