What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

For private loans, the statute of limitations ranges from three to 10 years depending on your state of residence. Around 45 million Americans have federal student loan debt, and many people struggle ...

Last week I described what debt collectors can't do when following federal guidelines, but perhaps as important is what they don't tell us - sometimes intentionally, according to Reader's Digest. • ...

The U.S. Court of Appeals for the Sixth Circuit recently affirmed that a debt collector did not violate the Fair Debt Collection Practices Act (FDCPA) when it threatened legal action to collect debts ...

In their Commercial Division Update, George Bundy Smith, an arbitrator and mediator with JAMS and a former associate judge of the New York Court of Appeals, and Thomas J. Hall a partner with ...

There is a statute of limitations on debt, but it varies depending on your debt type and location. The four main categories of debt include open-ended accounts, oral agreements, promissory notes and ...