Debt over 18 years old

May 30, 2011

Debt over 18 years old
by: Debtcollectionanswers.com

If you are being contacted about debts that are at least 18 years old, then the statute of limitations on them has probably expired and you can no longer be sued for the debts. However, expiration of the statute of limitations does not mean that you do not still owe the debts. Therefore, collectors can continue to contact you in an effort to get you to pay up. You should also know that the statute of limitations on some kinds of debts, like unpaid tax liens, lasts indefinitely.

If you do not want to be contacted again about the very old debts you owe, then writing a cease and desist letter is an appropriate course of action. Be sure to mention in your letters that the statute of limitations on the debt you are writing about has expired. Click here to read our advice on using a cease and desist letter to stop a debt collector.

A word of caution! When you are dealing with a debt collector who contacts you about a very old debt, do not admit in any way that you owe it. If you do, your risk resetting the statute of limitations on that debt and if that were to happen, you would be at risk for being sued for the money.

Debt over 18 years old

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Debt over 18 years old