What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...
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 ...
Debt collectors can pursue old debts even after they expire. However, consumer protections limit how and when debt collectors can contact you. Notably, each state has statutes of limitations, which ...
Last week I described what debt collectors can't do when following federal guidelines, but perhaps as important is what they don't tell us - sometimes intentionally, according to Reader's Digest. • ...
In their Commercial Division Update, George Bundy Smith, an arbitrator and mediator with JAMS and a former associate judge of the New York Court of Appeals, and Thomas J. Hall a partner with ...
A statute of limitations is a time window in which someone can pursue a legal remedy for a civil or criminal infraction. Learn more about how this applies to investors inside.