The debt statute of limitations is the legal time limit a party has to collect a debt through the court system. After that time a creditor or third party, such as a debt collection law firm, may not sue to enforce the credit agreement. Collecting using traditional methods such as calling or lettering is still allowed. The statute of limitations varies from state to state and by type of debt, and is typically between three and 10 years.

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The Impact of the CFPB's Supplemental Proposed Rulemaking for Time-Barred Debt Disclosures is Greater Than What Appears

27 February 2020

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Quick FDPCA Stats from the iA Case Law Tracker

27 February 2020

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2020: What’s on the Horizon for the Debt Collection Industry

6 January 2020

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Supplemental NPRM for Time-Barred Debts Coming "Very Early in 2020"

19 December 2019

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11 December 2019

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Mass. AG Enters $4M Settlement with PRA for Allegedly Violating Consumer Protection Laws

11 November 2019

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After Oral Argument, U.S. Supreme Court Seems Poised to Preserve FDCPA SOL Status Quo

24 October 2019

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16 October 2019

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CFPB's Semi-Annual Report Contains Some, But Not Much, Information About Debt Collection

10 October 2019

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25 September 2019

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Texas Passes Debt Buyer Legislation Addressing Out-of-Statute Debt

6 June 2019

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Illinois State Appellate Court Upholds Dismissal of FDCPA and State Law Claims, Finds 4-Year UCC SOL Not Applicable to Credit Card Purchases

23 May 2019

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Two Recent Developments on the Discovery Rule and the FDCPA: Second Circuit Says Discovery Rule Doesn't Apply, U.S. Supreme Court Agrees to Review the Issue

15 May 2019

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11th Circuit: Letter Offering to “Resolve” Out of Stat Account Contains Implicit Threat of Litigation, Requires Out of Stat Disclosure

8 April 2019

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Can the FDCPA’s One-Year Statute of Limitations Be Expanded under the “Discovery Rule”? Supreme Court Will Decide

26 February 2019

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7 January 2019

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N.D. Illinois: Debt Buyer Cannot Collect Interest if Implicitly Waived by Original Creditor’s Actions; Finds Debt Buyer is Subject to FDCPA

27 September 2018

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California Imposes SOL Notice Requirement on Debt Collectors; Bans Legal Action on ‘Time-Barred’ Debt

28 August 2018

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FDCPA Caselaw Review for June 2018

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