How long can companies try to collect a debt?

Answer According to Consumer Action representative Joe Ridout and, companies trying to collect a debt must follow state-by-state statute of limitation laws. Depending on the state, this period ra... Read More »

Top Q&A For: How long can companies try to collect a debt

How long can you collect on a debt in Texas?

The Texas statute of limitations (SOL) on debt collection is four years. Collection efforts may continue after the SOL expires, but legal action can no longer be taken against the debtor.Source:Car... Read More »

How long can a state collect a debt?

While laws on state collection vary from state to state and according to the type of judgment, a general limitation is three to six years with some extreme cases being up to twenty.Source:State Col... Read More »

How Long Can a Company Try to Collect a Bad Debt?

A company may try to collect valid debt indefinitely. However, the lengths a company can go to collect the debt are governed by state laws and the federal Fair Debt Collection Practices Act.

How long can a collection agency try to collect a debt?

On One Hand: Until You PayA collection agency can try to collect the debt until you pay it, even if it is no longer on your credit report. Most delinquent credit accounts are removed from your cred... Read More »