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It all varies, each state has a statutory limit. Check your state to see what the limits are.
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Can a collection agency sue you for a medical bill that was from 4 years ago is from more than 4?
By the Fair Debt Collections Practices Act, debt collectors have seven years from the date of last payment to recover all delinquent receivables. Any time after the guarantor of the debt (the person who owes) defaults on payments, the collection agency contracted to recover the debt may sue for judgment on behalf of the original creditor (in this case the hospital or physician). If judgment is obtained, the statute of limitations extends to ten years from the date of the judgment or last payment, which ever is longer. With six years experience in the field, I have seen creditors sue for as little as $100. In such cases, if not contractually obligated, the creditor often sues also for court costs, legal fees, and collections costs. Contact a good contract or collections attorney, and make certain you appear at any scheduled court dates.
What is the statute of limitation on credit card debt in texas?
The statue of limitation is 4 years from the date of last activity.
In California what is statute of limitations for a collection agency to sue you?
A written agreement with a company is 4 years, and a oral agreement is 2 years from the date of last payment or activity.Remember, that even though a credit card company states that they will take you to court if you do not make a payment, or put a judgment on your credit - this is not true!!The only way a creditor/collection agency will take you to court is if you owe child support or taxes. Other then that you will not go to court for this type of debt. Do not let them threaten you in any way. Make sure you settle on this debt when you have at least 50% of the balance owed saved in your savings.Get an agreed settlement in writing that day before make your final payment. Then request a letter stating that the account is now paid in full instead of settled for less. Good luck!
What is the statute of limitations in Texas on a credit card debt that is 14 years old?
CC debts are generally considered open accounts. The Texas SOL for an open account is 4 years from the DLA. The SOL applies to litigation action only and does not mean the debt is no longer owed or collection procedures cannot be used. However, any repayment of said debt would have to be done voluntarily by the debtor, unless there are mitigating circumstances. Please be advised, unethical agencies buy and attempt to collect on SOL expired accounts by the use of intimidation, deceit, and out-and-out threats, such as the debtor will be jailed, lose all their property, their employer,neighbors, family, etc. will be contacted, and so forth. All such tactics are illegal and should be reported to the justice division of the state attorney general in the state where the debtor resides. This also applies to those collectors who claim to be or actually are collection law firms/attorneys.
When is a person not of the compulsory school age?
now, from 4 to 18 years of age!
How long does a debt collector have to collect on a medical bill in Kentucky?
In KY, the debt statute of limitations (SOL) has provisions for signed contracts and non-signed ones. If you signed that you would pay, the SOL is 4 yrs. If you did not sign, it is 5 years. If they sue you and win a judgment, the SOL for collecting is 15 yrs.
What action should you take with a debt collector threatening a lawsuit and you are unemployed in Michigan?
If the debt collector is not the owner of the loan or credit card, and they are not a lawyer hired by the company holding the debt, it is illegal under the Fair Debt Collection Practices Act for them to threaten to sue you. They do not have the legal ability or right to threaten to sue or to actually sue (unless, as I said, they are a law firm hired by the credit issuer or have purchased your debt.) If a non-lawyer debt collector threatens to sue you for the debt, you should immediately contact the Fair Trade Commission and report the collector. This means that, without letting them know what you intend to do, you will have to calmly get the debt collector's information: Company, Representative's name, phone number and address (if possible), and time and date that the threat happened. The FTC will want all of this information. Remember these basic rules: 1) Send a registered letter to the collector telling them they may only contact you via mail and may not contact your relatives or work by phone either. They must comply once you have received notice that your letter has been received. If they don't comply, report them to the FTC. 2) Never negotiate a payment plan if it has been seven years or more from the time the debt went into collection. They will try to trick you into this so that the clock is reset on the debt. Every time you make payment arrangements, you agree AGAIN that you have a debt and it will be another seven years before the debt is not legally collectable (it is 10 years in the case of taxes and other special circumstance debts). 3)Read the FDCPA booklet so you know what is allowed and what is not. It is important to know your rights! 4) Report EVERY infraction that a debt collector makes. It is free and can be done over the phone, on-line, or by mail. One last thing: If you are threatened with a lawsuit by a lawyer that represents someone that hold your credit note, demand a copy of the original contract, the one with your signature. They may not be able to provide it which may lead to the debt being nullified (this means a possible court date). Even if they can get you a copy, the law says that all court proceedings must HALT for up to 30 days. This can, at least, give you some time to collect yourself and file a case of your own or what have you. If necessary, it gives you enough time to file bankruptcy and eliminate the debt altogether (this is a last resort remember). of course remember the best action was always to pay debt you owe.
Can you be sued from a credit card debt?
Yes. It's possible, but unlikely. When a debtor doesn't make a payment between 4-6 months, the creditor must make a decision. But keep in mind that credit card debt is unsecured, meaning that the creditor has no collateral as security for the loan. They have several alternatives: 1) they can do nothing and hope that you will soon make a payment. 2) they can continue to try and collect from you. 3) they can sell your debt to a debt collector, or 4) the creditor or debt collector can sue you. If the debt collector decides to sue you, they must weigh the costs with the potential benefit. First, they may perform an asset investigation. An investigator will look into your assets (e.g. real estate property, autos, personal belongings, savings/checking accounts, etc.) and determine how much you own. If they feel that you have a substantial amount of assets, they may decide to sue. They also must take into consideration court costs, attorney fees, and loss of time. If the debt collectors feel that the potential costs will outweigh the risks, they probably will make you a offer to settle your debt for a steep discount.
How long can a doctor wait to bill you after services are rendered in Texas?
Heres the best answer I can come up with. Texas has a 4 year statute of limitations for bad debt. This means that the provider/doctor who holds the debt cannot sue you if 4 years have surpassed since the debt was incurred. Generally the debt begins the day the service was provided. Today is September 09/02/2011 and if the bad debt occurred 09/01/2007 than the provider cannot sue you. However, this does not mean your off the hook. Anyone who can prove the debt exists has up to 7 years to place the debt onto your credit report. Generally provider's have their patients sign agreements that they can use these means if your debt has not been paid. My sister was billed yesterday for services in january of 2010, but the debt is still good because she had her appendix removed. My dad was billed 4 years after he had services from a physical medicine/chiropractic doctor. I negotiated and got them to settle for 35% of the original debt amount, but we had to pay in full around $700. $700 was worth not having it on my credit report. If they had billed us a year before and tried to sue us, I would have argued untimely billing and that they were abusing their statute of limitation rights.
What is the Statute of Limitation period for a credit card debt in Ontario?
For a written agreement; which involves a credit card debt is 4 yours from the date of last activity or last payment. Once this expires, the debtor can no longer collect on this debt, or sue you for this debt.
What is statute of limitations on debt in Trinidad and tobago?
4 years
Can a collection agency sue you for a medical bill that was from 4 years ago is from more than 4?
By the Fair Debt Collections Practices Act, debt collectors have seven years from the date of last payment to recover all delinquent receivables. Any time after the guarantor of the debt (the person who owes) defaults on payments, the collection agency contracted to recover the debt may sue for judgment on behalf of the original creditor (in this case the hospital or physician). If judgment is obtained, the statute of limitations extends to ten years from the date of the judgment or last payment, which ever is longer. With six years experience in the field, I have seen creditors sue for as little as $100. In such cases, if not contractually obligated, the creditor often sues also for court costs, legal fees, and collections costs. Contact a good contract or collections attorney, and make certain you appear at any scheduled court dates.
What is the statute of limitation on a debt to a doctor in Calif. It took place 6 years ago and I just now received a notice from a debt collector?
It all depends on your states laws as it pertains to SOL on what type of debt it is.California Statutes of LimitationWritten agreements: 4 years, calculated from the date of breach.Oral agreements: 2 years.The statute of limitation is stopped only if the debtor makes a payment on the account after the expiration of the applicable limitations period.Send them a cease & desist letter letting them know that you have not intention of paying what they say you owe and you consider it a closed matter. If they contact you again by any form of communication then you can sue them for violations of the FDCPA.
Sue is 4 times as old as her daughter Rachel In 5 years Sue will only be 3 times as old as Rachel How old are Sue and Rachel?
Sue is 40 and Rachel is 10
What is the statute of limitations on a credit card debt in ny?
4 years
In 30 years sue will be 4 times as old as she is now how old is she now?
x + 30 = 4x 30 = 3x x = 10 Sue is 10 years old now. In 30 years she will be 40 years old.
What slave who was living in a free territory for 4 years sue for his freedom?
dred scott
