Debt Statute of Limitations
Maryland Statute of Limitations on Debt like credit cards is 3 years. Credit cards are considered open-end contracts. After the statute of limitations has lapsed, the debt becomes uncollectible. You can be pursued for the debt but not made to pay it.
The statute of limitations is the time period set by law in which someone can sue you. Each State sets their individual statute of limitations on debt. A creditor or bill collector cannot sue you for payment of a debt after the statute of limitations period has run.
If a debt collector contacts you about an old debt, know your rights, check the statute of limitations on debt in your state and keep your mouth shut (do not acknowledge the debt).