What Should I Do If I Receive a Collection Letter?

  • 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.
Contact Us Today
  • This field is for validation purposes and should be left unchanged.