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 Posted: Wed May 21, 2008 5:31 am Subject: Old Debt |
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Is there a staute of limitations, on old debt...or can CA's just keep selling your account over and over, and your not sure who to pay, and the original creditor, does only know who they originally sent it too.
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Landers402
Joined: 25 Oct 2007
Posts: 15
Debtcc Points: 396
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| Posted: Wed May 21, 2008 5:43 am Subject: |
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What state are you in. I can send the sol for your state.
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5461
Debtcc Points: 38903
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| Posted: Wed May 21, 2008 5:52 am Subject: |
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Nebraska
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Landers402
Joined: 25 Oct 2007
Posts: 15
Debtcc Points: 396
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| Posted: Wed May 21, 2008 5:57 am Subject: |
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Nebraska Statutes of Limitation
Real estate or foreclosure mortgage actions; product liability; 10 years.
Foreign judgments, contract or promise in writing, express or implied: 5 Years.
Unwritten contract, express or implied; Recovery of personal property; Relief on grounds of fraud; breach of contract for sale of goods; and open account: 4 years.
Liability created by federal statute with no other limitation: 3 years. Malpractice: 2 Years.
NOTE: SoL can be interrupted by partial payment or written acknowledgement of debt. The statute starts to run anew from the date of the partial payment or written acknowledgement, (Neb. Rev. Stat. ยง25-216)
NOTE: Actions on breach of contract for sale may be reduced to not less than one year
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5461
Debtcc Points: 38903
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