What is the statute of limitations on debt?
An example of an AI chatbot conversation about the statute of limitations on debt.
What is the statute of limitations on debt?
The statute of limitations on debt varies by state and type of debt, typically ranging from 3 to 10 years.
How do I find out the statute of limitations for my specific debt?
You can check your state's laws or consult a legal professional to determine the statute of limitations for your specific debt.
What happens if I pay a debt after the statute of limitations has expired?
If you pay a debt after the statute of limitations has expired, it may reset the clock, making you liable for the debt again.
Can creditors still contact me after the statute of limitations?
Yes, creditors can still contact you, but they cannot legally sue you for the debt once the statute of limitations has expired.
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