What is the statue of limitations to collect on a debt?
Just received a letter from a collection agency for a medical bill from 2003. Hasn't the statute of limitations passed for this?
Answered 5 years ago|
First of all, there is no statute of limitations to collect on a debt. If you owe the money you owe it until it is paid. There is, however, a statute of limitations to bring a lawsuit to collect. The limitations period in PA is 4 years. However, acknowledging the debt to the collector (ie admitting that you owe it) or making payment arrangements will start the statute of limitations running all over again. So be carefulwhat, if anything, that you say or do regarding communications with the collection agency. Basically, if they can't sue you there is nothing that they can do to you. You could just choose to ignore them.
The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com
and retain an attorney to represent you.