Statute of Limitations refers to a statute that sets the time period during which a legal claim can be brought. Most statute of limitations laws require individuals to sue at some point during a ...

Statute of Limitations refers to a statute that sets the time period during which a legal claim can be brought. Most statute of limitations laws require individuals to sue at some point during a ...

Debt collectors have lots of tools at their disposal, but there are certain things they can't do to collect a debt.

The statute of limitations means creditors and debt collectors cannot sue you for old debt after a certain amount of time, but it’s still in your best interest to pay all legitimate debts you owe.

When you fail to repay credit card balances you owe, those unpaid debts are eventually sold to third-party debt collection ...

In the context of debt collection, the statute of limitations is the amount of time during which a creditor can sue you for an unpaid debt. When the statute of limitations on a debt expires ...

"Zombie debt is old debt, generally passed the statute of limitations that has not had collection attempts made on it for a very long time. When collection attempts restart — sometimes many ...