Collection letters about old debts: Consumers often receive collection letters for debts that may be several years old.
Statute of limitations: The Fair Debt Collection Practices Act allows collection attempts on old debts, but there are limitations based on the statute of limitations period.
Statute of limitations period: The time during which a debt can be legally pursued varies by location; for example, in New York, it’s three years.
Prohibited actions: Debt collectors can’t sue or threaten to sue individuals for debts after the statute of limitations period has expired.
Legal action and language: If collection letters use language hinting at legal action, consumers might have a case under the Fair Debt Collection Practices Act and should consider seeking legal advice.