can collection agencies collect on depts that more
Date: Sun, 03/13/2011 - 12:16
can collection agencies collect on depts that more than 20yrs old?
There term is DEBT....dept is the short form for department. J
There term is DEBT....dept is the short form for department.
Just because a debt is old, doesnt mean you dont still owe it. They can legally collect it forever and ever. However they cannot enforce the debt in court.
Soaplady is right. Collection agencies can try to collect on deb
Soaplady is right. Collection agencies can try to collect on debts which are 20 years old. However, they can't sue you for the debt if it has crossed the SOL period in your state. To know about the Statute Of Limitations period in every state, go through the following page:
http://www.debtconsolidationcare.com/statute-of-limitation.html