Tag Archives: time barred debts

When Does The Clock Start Ticking on Time Barred Debts? – Jen

I have no statements from collecion agencies. First is Providian. charged off 2003. They sold accout to KnightsBridge (Ohio), settled with them in 2009, they are out of business. All I have is my banking history. Now Midland Financial is demanding money. I have sent a VOD letter, not heard anything back. Next one, 2002 [...]

Do I Still Owe This Debt? – Celeste

Celeste wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Statue of Limitations and Time-Barred Debts: State Information

“Time-barred” debts are debts so old they are beyond the point at which a creditor or debt collector may sue you to collect. This is often referred to as debts that are beyond the statue of limitations. State law varies as to when a creditor or debt collector may no longer sue to collect: in [...]