Legal Question in Credit and Debt Law in Alabama

statue of limitations

I received a letter stating that I owed a past due bill. After calling the 800 number, they told me it was a bill from July 1991. They told me that to avoid any court or legal cost that I had to pay the bill in full today. Is this true?


Asked on 3/17/03, 8:57 pm

1 Answer from Attorneys
Bobby Lott, Jr. Attorney at Law

Re: statue of limitations

I need some more information. Did the debt ever show up on your credit report? Collections and charge-offs must be taken off after 7 years paid off or not. If there was a judgment entered in a court, the creditor may renew the judgment after 10 years if he chooses, otherwise it must come off your credit.

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Answered on 3/18/03, 9:14 am


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