Debt Statute of Limitations listed by State

Every state has a time limitation to legally enforce a debt. That time limit is the statute of limitations. Once the time has expired on a debt you are no longer legally bound to pay that debt and cannot be sued for payment on the debt.

However, if you make a payment on the debt, acknowledge you owe the debt, or make a written promise to pay the debt you have now re-started the statute.

Debt collectors often know the statute of limitations has expired even though they make threats to sue you. The creditor and the debt collector are aware you do not have a legal obligation to pay the debt.

To find out the statute of limitations for debt and whether a collection agency is required to have a bond or license to do business in your State, find your State below: