Once a debt is considered 'time-barred' because the statute of limitations has expired, a debt collector cannot sue or threaten to sue to collect on that debt.

Authors

• Person: Not available Organization: Federal Trade Commission
  How To Get Out of Debt | Consumer Advice

Sources

• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper

Referenced by nodes (1)

• statute of limitations concept