15 year old debt
in the state of nj can a debt of over 15 years be collected on
Re: 15 year old debt
usually, no. the statute of limitations (the time limit for filing a lawsuit to collect a debt) is not longer than 6 years.
the time limit would NOT apply if any one of several things have happened. for example, if the creditor got a court judgment, then the creditor can collect on that judgment even if the debt is over 15 years old. there are other circumstances that may apply, too.
you would need to sit down with a lawyer and get some advice.
call me if you would like for me to assist you.
Re: 15 year old debt
usually, no. the statute of limitations (the time limit for filing a lawsuit to collect a debt) is not longer than 6 years.
the time limit would NOT apply if any one of several things have happened. for example, if the creditor got a court judgment, then the creditor can collect on that judgment even if the debt is over 15 years old. there are other circumstances that may apply, too.
you would need to sit down with a lawyer and get some advice.
call me if you would like for me to assist you.
