Legal Question in Credit and Debt Law in California

Debt Validation & Statute of Limitations

Qucik question- If I get a collections letter from an agency and I send them a debt validation letter, and the debt can be validated even though statute of limitations has run out and I have no recollection of this debt, what happens next?

Thank you for your time!


Asked on 2/20/08, 11:11 am

3 Answers from Attorneys
Larry Rothman Larry Rothman & Associates

Re: Debt Validation & Statute of Limitations

The debt may remain on your credit. You should try to have it removed. We would need to review the collection letter and debt validation that you received.

Read more
Answered on 2/21/08, 11:50 am
Jonathan Stein Law Offices of Jonathan G. Stein

Re: Debt Validation & Statute of Limitations

The debt collector will either go away or they will file a lawsuit. If they file a lawsuit, you should immediately contact an attorney so you can pursue FDCPA and Rosenthal Act violations and you do not waive any of your rights or defenses.

Read more
Answered on 2/20/08, 11:23 am
Joel Selik www.SelikLaw.com

Re: Debt Validation & Statute of Limitations

If it is beyond the time limit, truly beyond it in all arguments, then they should do nothing on collections. If they do, you have a possible case against them.

Read more
Answered on 2/20/08, 12:15 pm


Related Questions & Answers

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