Many wonder if old debt will follow them around forever. Is there a statute of limitations for collecting a debt? Well, the answer is that when you fail to make a payment on a debt, collectors typically have a number of years to bring a lawsuit in order to collect a debt. However, once the statute of limitations has lapsed, the debt may become time-barred and, therefore, no longer collectible. How long a statute of limitation lasts depends on the law in the state and the type of debt - … [Read more...]
Archives for November 2020
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Pushing Back on Debt Collectors
Getting behind on bills can make every part of your life feel miserable and is only made worse when debt collectors start calling. While some debt collection agents are understanding, many are downright mean, but it is important to keep a cool head and not to let debt collectors intimidate you. Debt Collection 101 Of course if you have debt, you have a legal obligation to pay it. But, just because you may have made some financial mistakes does not give someone the right to abuse you - it … [Read more...]
Google Rating
Based on 66 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews