Old Debt

Date: Wed, 05/21/2008 - 05:31

Submitted by Landers402
on Wed, 05/21/2008 - 05:31

Posts: 17 Credits: [Donate]

Total Replies: 3

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.

What state are you in. I can send the sol for your state.

lrhall41

Submitted by kashzan on Wed, 05/21/2008 - 05:43

( Posts: 5401 | Credits: )

Nebraska

lrhall41

Submitted by Landers402 on Wed, 05/21/2008 - 05:52

( Posts: 17 | Credits: )

Nebraska Statutes of Limitation Real estate or foreclosure m

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. ????25-216)

NOTE: Actions on breach of contract for sale may be reduced to not less than one year

lrhall41

Submitted by kashzan on Wed, 05/21/2008 - 05:57

( Posts: 5401 | Credits: )