There is a statute of limitations on debt, but it varies depending on your debt type and location. The statute of limitations means creditors and debt collectors cannot sue you for old debt after a ...
For private loans, the statute of limitations ranges from three to 10 years depending on your state of residence. Around 45 million Americans have federal student loan debt, and many people struggle ...
A panel of the U.S. Court of Appeals for the Ninth Circuit recently held that because of the timing of a filing in a collection action against a student loan borrower, his claim that debt collectors ...
The U.S. Court of Appeals for the Sixth Circuit recently affirmed that a debt collector did not violate the Fair Debt Collection Practices Act (FDCPA) when it threatened legal action to collect debts ...
Medical bills can quickly spiral, so you need to understand your legal exposure if the debt goes to collections.
IRS has a 10-year window to collect back taxes – but for many Americans, that doesn’t mean the debt simply disappears. The IRS Collection Statute Expiration Date (CSED) generally gives the government ...