Is there a time limit on lenders able to collect a debt
|
Read More Answered By: David Michael Benson |
Ohio is the only state that has no statute of limitations on open accounts (e.g., credit or charge accounts). There is, however, a two-year limitations period on the collection of deficiencies following the sale of foreclosed real estate. Also, there is a 15-year limitation on written contracts and promissory notes, as well as a 6-year limitation on oral agreements.
- BensonBankruptcy.com |
Eastlake, OH
Questions Answered: 1023
Last Question Aswered on: 2012-01-08
Bangalore,
Questions Answered: 420
Last Question Aswered on: 2012-05-23
Cleveland, OH
Questions Answered: 225
Last Question Aswered on: 2011-07-08
Cleveland, OH
Questions Answered: 218
Last Question Aswered on: 2012-03-07
Columbus, OH
Questions Answered: 79
Last Question Aswered on: 2012-05-14
Cleveland, OH
Questions Answered: 74
Last Question Aswered on: 2011-10-25
Moundsville, WV
Questions Answered: 65
Last Question Aswered on: 2012-03-20
Columbus, OH
Questions Answered: 59
Last Question Aswered on: 2005-01-15
Akron, OH
Questions Answered: 46
Last Question Aswered on: 2008-02-20
Newport Ky (& Cincinnati Oh), KY
Questions Answered: 41
Last Question Aswered on: 2008-01-04
► 3 years ago I contacted an attorney to assist in bankruptcy. During this time,...
► My husband and I are separated, he filed bankruptcy on a joint loan. The property in...
► What kind of bankruptcy do I need to do to take care of a judgment (wage...
► We filed chapter 7 Bankruptcy and it was discharged on 3/08/05. When can we file...
► I was awarded a judgement in the amount of 7300 the person who owes the money filed...
► I live in Ohio, 2 years ago I received a chapter 7 bankruptcy discharge. I did not...
► If I have a medical malpractice case and personal injury case in which I am the...
More Bankruptcy Law questions and answers in Ohio| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
