sol
Date: Sat, 05/02/2009 - 15:48
What state are you in and when was your last payment?
What state are you in and when was your last payment?
I thought generally statute of limitation on much of anything ex
I thought generally statute of limitation on much of anything except for murder is 3 years - I know 3 years is statute of limitation for IRS tax debt.
So, am i to understand an old medical debt I have, that was boug
So, am i to understand an old medical debt I have, that was bought by a CA, could be expired.....And that by being "expired, it's no longer a valid debt that can be collected?
I'm no lawyer - yet I think you might assume that debt may no lo
I'm no lawyer - yet I think you might assume that debt may no longer be pursued in a civil suit against you.
Certainly - it may still count against you in a credit reporting situation.
Note that debts are continually bought - and sold - to CA's by the parent holder of the debt - when one cannot collect they will sell it to another.
SOL for Florida is: STATUTE OF LIMITATIONS (IN YEARS)
SOL for Florida is:
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 4
Written Contract: 5
So.... under any circumstances the debt should be Out of Statute. That doesn't mean you don't owe it, nor does it mean they can't try to collect it, but if they sue you would use SOL as a defense and then countersue for the 1 of misrepresenting the legal character of the debt. If they even threaten to sue they violate FDCPA.
