Legal Question in Credit and Debt Law in Indiana

Time limit on debt collection

Is a time limit on collection of debts


Asked on 4/19/02, 11:41 am

1 Answer from Attorneys

John Bator Bator Redman & Shive

Re: Time limit on debt collection

Debts are generally collectible for ten years and in some cases 20 years although there are defenses available against a creditor who sits on its remedies for too long-debts are often sold and creditors have trouble proving the debt

If you have any more questions or if I can be of further service please call me at 1-317-685-2426

Read more
Answered on 4/22/02, 11:37 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Indiana