Statute of Limitations / Collection Agency?
968725
These companies offer to collect on debt that has long sinced dropped off your credit report.  They tend to be very aggressive; but you can absolutely tell them to go pound sand.  There is absolutely nothing they can do.
1118434
YES THERE IS!! I'm so glad you asked! It's 6 years baby! I had to cut Sears off for trying to collect after 10 years! BIG NO NO! 6 years, that's it! Check out suzeorman.com. Other debtors can still try to collect after 7 years, but after 7 years it is to drop from your report. Watch out for judgements. They can stay on for 15 years and get RENEWED! Consumers have no justice I swear. Hope this helps!\n\nTo the third answer, NO THEY CANNOT CONTINUE TO COLLECT. It is a statute, so it's law. After 6 years, they would be going against Ohio State Statute, against the law. They cannot collect after 6 years, and it must be removed from your credit report after 7 years. Thrid answer needs to do some more research. www.suzeorman.com
603191
7 years is the statue of limitations, even with a court ordered replevin..  or the creditor can file a renewal with the court to extend the order if it close to the 7years. However if you make any type of payment towards the debt, you start your 7 years over.. The 7 years begins with the date of last activity.. So it all depends upon time... Whatever you do if it has been awhile.. Do Not Make a Payment...
1055741
Our company collects on civil judgments nationwide.\n\nThe statute of limitations for Florida for domestic (in-state) judgments is 7 years.  In other words, you have the right for 7 years to collect on the judgment.  At the 7 year point, you can renew the judgment by filing some simple paperwork at the courthouse where you obtained a judgment.  Within those 7 years (and the years after, if you renew), your debtor is obligated to satisfy the judgment.  The debtor is also obligated to satisfy the interest and court costs.  If left unpaid for many years, your judgment will be worth much more than $2,000, and your debtor will still be obligated for the full amount.\n\nFlorida is a notoriously debtor-friendly state, and you will need to aggressively pursue your collection.  The first step for you in the collection process is to thoroughly investigate what your debtor owns that is seizable under Florida state law.  Some of this information is not easily obtainable, especially bank account information, and you will need to be willing to use a reputable asset search firm or investigator to find the information.\n\nYou can also hand your judgment over to a judgment recovery firm, although we routinely counsel against this for smaller judgments.  The standard profit sharing rate is 50/50, and the cost/benefit ratio is really not worth it for the creditor.  Frankly, with a little "elbow grease" and good information, most small claims creditors can pursue the judgment themselves.  \n\nAs a side note, it is questionable whether you will be able to garnish wages in Florida, especially if your debtor is the head of household.\n\nPlease contact me, and I can give you more information.  We also have a website with useful information to the judgment creditor, especially our FAQ - http://www.jcsusa.com/About%20Us%20and%20FAQ.htm.\n\nThanks and best wishes.
584719
FIRST YOU NEED TO FIND OUT IS THIS IS A JUDGMENT OR NOT.\n\nIF IT IS NOT, THEN THE STATUTE OF LIMITATIONS HAS PROBABLY RUN ON IT.  THIS DOESN'T MEAN THAT YOU DON'T STILL OWE THE MONEY, IT JUST MEANS THAT THEY CAN'T SUE YOU NOW.  THEY CAN STILL ACTIVELY COLLECT THE DEBT.\n\nIF IT IS A JUDGMENT, THEN YOU ARE PRETTY MUCH SCREWED.  DEPENDING ON STATE AN LOCAL LAWS A JUDGMENT CAN STAY ACTIVE FOR OVER 30 YEARS AND ALSO REFLECT ON YOUR CREDIT FOR THAT AMOUNT OF TIME AS WELL.\n\nREQUEST VALIDATION OF THE DEBT AD GO FROM THERE.\n\nGOOD LUCK
500654
Don't worry about the statute of limitations. You have already won the lawsuit and the statute of limitations to collect the judgment will be a long time.\nThe type of supplemental hearing is described in sec 2-1420 of the Illinois Code of Civil Procedure. It allows you to bring the person back to Court and ask them what they have and where they have it.\nThen you get a writ of attachment or a writ of garnishment to collect property from the places (like banks and employers) that you found have property belonging to the person.
666453
How long ago is LONG time ago? Check the statute of limitations on credit card debt for your state. For Ohio, they cannot collect anymore after 6 years. You can find out on suzeorman.com
306209
7 years from the time it was last reported on. So basically from the time either you or they closed out the account. But a little hint you may want to try is to get your report and dispute anything negative on it. If the individual creditors dont respond back in time to the dispute it can get removed from that specific report. Believe me that works !
178004
I assume you are referring to the lease.  The statute of limitations would be based on your state law.  Usually, statues of limitations for contracts run about four to six years, although some have gotten rid of limitations altogether for renters.
619957
First of all, assuming the mismanagement is an ongoing issue the statute of limitations would likely not be seen as having begun to run.  However, if this is a past issue then it might start from the date of the last action of mismanagement or it might start from the date of the realization of the mismanagement, which could be recent.  Regardless, this issue will be likely litigated in court if at all applicable.\n\nHowever, only a lawyer licensed in Illinois can advise you how the Statute of Limitations might apply in Illinois.
722916
depends on which state you live in, the statute of limitations in california on loan payments is 7 years i think, just find out if the statute of limitations passed allready where you live and if it didnt, pay thee 16 bucks and sue his ass. I hope the IOU has his signature on it.
849017
Call your attorney and ask him how to go about collecting.
74690
If you paid with a credit or debit card I would call the institution that supplies that card.  However, since it has been over a year they may not be able to dispute the charges.  You may need to speak to an attorney if the product was worth the value!
891035
You should file an answer with the court that argues that the Statute of Limitations expired on 7/14/2006 and therefore the lawsuit is barred/not timely.\n\nYes, you have a chance of getting it dismissed.   The date of last activity should start the clock ticking on the 6 year term.\n\nWas the credit card issued while you were in Michigan?\n\nEdit: If the amount is significant I would highly recommend you get legal advice from an attorney in Michigan.\n\nBTW, when you made your last payment on 7/14/00 did that bring your account current or were you still behind at that point?\n\nFollowup:\nYou should stick with the story that you've had Indiana as a residence the entire 6+ years.  \n\nIf you were overlimit as of the time you made the last payment you have a stronger story that it was not only the date of last activity but you had been in default on your credit card agreement for some time prior to that.\n\nI would again urge you if it is a large sum of money to find an attorney to provide you with legal advice so you don't get run over in court.   Most attorneys will give you a free consultation.\n\nDo not admit to the debt being yours.  Make them prove everything.  Deny that they are entitled to late charges, interest, attorneys fees, collection costs, everything.  If you don't challenge something the court will take it to be true.  Deny that the amount owed is correct, make them produce copies of your statements showing the charges.  Make them produce your original, signed account agreement.   Deny, deny, deny.  \n\nIs the original bank suing you or is this some collection agency that purchase the written off debt?  If it isn't the original bank there is a good chance they can't prove anything and are just hoping you don't show up in court.\n\nDo not agree to any delays.  It is common when a collector goes to court they are hoping for a default judgment and when you show up they ask for a delay.  Insist that you came to court prepared and the other side should have as well.
773792
If you mean "statute" of limitations, then yes, there is one.  However, the time doesn't begin to run until the debt was due. some 10 or 20 years after you borrowed the money.  Furthermore, if it was guaranteed by the government, as most were, then the debt to feds wont accrue until the feds pay it off and come after you.  So, while the answer is yes, it is unlikely you will get away with stealing the money by not paying your debts.
822474
They can write off a debt after unsuccessful "reasonable collection efforts" are exhausted - usually 90 days. I don't recall any laws stating any time period but only reasonable efforts to collect.\n\nLook in the agreement, it may have the proof you are looking for. Some creditors have their own criteria for this and document it in the agreement.\n\nHave you tried to negotiate it with them? That is pretty cold to do that especially when you have proof you actually moved.\n\nGood luck\n\n================
1054991
I think they can sue you...but only if you aren't making any payments...\nsend the collection agency $50 a month, or a little more if you can spare it...it will keep them from being able to sue you