Frequently Asked Questions

My debt is several years old. Can debt collectors still collect?

Answers

My debt is several years old. Can debt collectors still collect?
Yes. Debt does not expire or disappear until you pay it. If a debt is valid, you still owe it until you pay it off, no matter how much time passes. However, the law limits the amount of time during which a debt collector may take legal action to collect a debt. Statutes of limitation vary depending on the type of debt.