Statute of Limitations on Debt Collection by State: A Complete Reference


The statute of limitations determines how long a creditor has to file a lawsuit to collect a debt. Once expired, creditors lose the legal right to sue, though the debt itself doesn't disappear. Understanding these time limits is crucial for both creditors deciding whether to pursue collection and debtors determining their legal exposure.


This comprehensive guide explains statutes of limitations across all 50 states.


Understanding Statutes of Limitations


What It Means


The statute of limitations is:

  • Time limit for filing lawsuit
  • Measured in years
  • Varies by debt type and state
  • Defense against lawsuit, not automatic dismissal
  • Does not eliminate the debt itself

  • Why It Exists


    Statutes of limitations serve to:

  • Encourage prompt resolution
  • Protect against stale claims
  • Recognize evidence deteriorates over time
  • Balance creditor rights with debtor protections
  • Provide finality

  • Key Principle


    After expiration:

  • Debt remains valid
  • Creditor can still ask for payment
  • Cannot successfully sue in court
  • Debtor has complete defense if raised
  • Time-barred debt notation on credit reports

  • Types of Debt


    Written Contracts


    Signed agreements including:

  • Loans with signed promissory notes
  • Credit agreements
  • Purchase contracts
  • Service contracts with written terms

  • Oral Contracts


    Verbal agreements:

  • Handshake deals
  • Spoken promises to pay
  • Agreements without written documentation

  • Open Accounts


    Revolving credit including:

  • Business credit accounts
  • Trade credit (Net 30, Net 60 terms)
  • Credit cards
  • Line of credit accounts

  • Promissory Notes


    Specific written promise to pay:

  • Formal loan documents
  • Notes signed with specific terms
  • Often longer limitation periods

  • When the Clock Starts


    Accrual Date


    Statute typically begins on:

  • Date of last payment
  • Date of last charge (revolving accounts)
  • Due date for payment (if no payment ever made)
  • Date of breach (contract disputes)
  • Date account written off

  • Common Misconception


    Clock does NOT restart when:

  • Debt sold to collection agency
  • Collector contacts you
  • You receive demand letter
  • Account reported to credit bureau

  • Actions That MAY Reset Clock


  • Making a payment
  • Written acknowledgment of debt
  • New written agreement
  • Partial payment in some states
  • Settlement agreement

  • **Varies by State:** Some states allow reset, others don't.


    State-by-State Reference


    Key:

  • WC = Written Contract
  • OC = Oral Contract
  • OA = Open Account (trade credit)
  • PN = Promissory Note

  • Alabama

  • WC: 6 years
  • OC: 6 years
  • OA: 3 years
  • PN: 6 years

  • Alaska

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 3 years

  • Arizona

  • WC: 6 years
  • OC: 3 years
  • OA: 3 years
  • PN: 6 years

  • Arkansas

  • WC: 5 years
  • OC: 3 years
  • OA: 3 years
  • PN: 5 years

  • California

  • WC: 4 years
  • OC: 2 years
  • OA: 4 years
  • PN: 4 years

  • Colorado

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Connecticut

  • WC: 6 years
  • OC: 3 years
  • OA: 6 years
  • PN: 6 years

  • Delaware

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 3 years

  • Florida

  • WC: 5 years
  • OC: 4 years
  • OA: 4 years
  • PN: 5 years

  • Georgia

  • WC: 6 years
  • OC: 4 years
  • OA: 4 years
  • PN: 6 years

  • Hawaii

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Idaho

  • WC: 5 years
  • OC: 4 years
  • OA: 4 years
  • PN: 5 years

  • Illinois

  • WC: 10 years
  • OC: 5 years
  • OA: 5 years
  • PN: 10 years

  • Indiana

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 10 years

  • Iowa

  • WC: 10 years
  • OC: 5 years
  • OA: 5 years
  • PN: 10 years

  • Kansas

  • WC: 5 years
  • OC: 3 years
  • OA: 3 years
  • PN: 5 years

  • Kentucky

  • WC: 15 years
  • OC: 5 years
  • OA: 5 years
  • PN: 15 years

  • Louisiana

  • WC: 10 years
  • OC: 10 years
  • OA: 3 years
  • PN: 10 years

  • Maine

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Maryland

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 6 years

  • Massachusetts

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Michigan

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Minnesota

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Mississippi

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 3 years

  • Missouri

  • WC: 10 years
  • OC: 5 years
  • OA: 5 years
  • PN: 10 years

  • Montana

  • WC: 8 years
  • OC: 5 years
  • OA: 5 years
  • PN: 8 years

  • Nebraska

  • WC: 5 years
  • OC: 4 years
  • OA: 4 years
  • PN: 5 years

  • Nevada

  • WC: 6 years
  • OC: 4 years
  • OA: 4 years
  • PN: 6 years

  • New Hampshire

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 6 years

  • New Jersey

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • New Mexico

  • WC: 6 years
  • OC: 4 years
  • OA: 4 years
  • PN: 6 years

  • New York

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • North Carolina

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 5 years

  • North Dakota

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Ohio

  • WC: 8 years (was 15, changed 2012)
  • OC: 6 years
  • OA: 6 years
  • PN: 8 years

  • Oklahoma

  • WC: 5 years
  • OC: 3 years
  • OA: 3 years
  • PN: 5 years

  • Oregon

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Pennsylvania

  • WC: 4 years
  • OC: 4 years
  • OA: 4 years
  • PN: 4 years

  • Rhode Island

  • WC: 10 years
  • OC: 10 years
  • OA: 10 years
  • PN: 10 years

  • South Carolina

  • WC: 3 years
  • OC: 3 years
  • OA: 3 years
  • PN: 3 years

  • South Dakota

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Tennessee

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 6 years

  • Texas

  • WC: 4 years
  • OC: 4 years
  • OA: 4 years
  • PN: 4 years

  • Utah

  • WC: 6 years
  • OC: 4 years
  • OA: 4 years
  • PN: 6 years

  • Vermont

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 5 years

  • Virginia

  • WC: 5 years
  • OC: 3 years
  • OA: 3 years
  • PN: 6 years

  • Washington

  • WC: 6 years
  • OC: 3 years
  • OA: 3 years
  • PN: 6 years

  • West Virginia

  • WC: 10 years
  • OC: 5 years
  • OA: 5 years
  • PN: 6 years

  • Wisconsin

  • WC: 6 years
  • OC: 6 years
  • OA: 6 years
  • PN: 10 years

  • Wyoming

  • WC: 10 years
  • OC: 8 years
  • OA: 8 years
  • PN: 10 years

  • Determining Which State Law Applies


    General Rule


    Apply statute of limitations from:

  • State where contract was formed, OR
  • State where debtor resides, OR
  • State specified in contract's choice-of-law provision

  • Choice-of-Law Clauses


    Many contracts specify:

    "This agreement shall be governed by the laws of [State]"

    This typically controls which state's statute of limitations applies.


    Multi-State Issues


    If debtor moves to different state:

  • Some courts apply original state's statute
  • Others apply current residence state
  • Complex area requiring legal analysis

  • Tolling and Suspension


    When Clock Stops


    Statute may be "tolled" (paused) when:

  • Debtor moves out of state
  • Debtor files bankruptcy
  • Debtor is in military service (SCRA protection)
  • Fraud concealment
  • Debtor is minor or incapacitated

  • Resumes When


  • Debtor returns to state
  • Bankruptcy concludes
  • Military service ends
  • Fraud discovered
  • Disability removed

  • Revival of Expired Debts


    Acknowledging Time-Barred Debt


    In some states, statute restarts if debtor:

  • Makes any payment
  • Makes written promise to pay
  • Signs new agreement
  • Acknowledges debt in writing

  • States Vary Widely


  • Some allow revival by payment
  • Others require new written agreement
  • Some don't allow revival at all

  • Creditor Tactics


    Collectors may try to:

  • Get you to make small payment
  • Trick you into acknowledging debt
  • Send partial payment check to cash

  • **Protection:** Know your rights before engaging with collector on old debt.


    Common Mistakes


    For Creditors


  • Filing lawsuit after statute expired
  • Miscalculating start date
  • Applying wrong state's law
  • Missing payments that reset clock
  • Not documenting payment history

  • For Debtors


  • Not raising statute of limitations as defense
  • Making payment on expired debt
  • Acknowledging old debt in writing
  • Assuming collector will know debt is time-barred

  • Statute of Limitations vs. Credit Reporting


    Different Time Periods


  • **Sue:** Statute of limitations (varies 2-15 years)
  • **Report:** FCRA limit (7 years from delinquency)

  • Both Can Expire


  • Debt can be sued on but not reported (rare)
  • Debt can be reported but not sued on (common after SOL expires)

  • Notation Required


    Credit reports must note debt is time-barred if:

  • Collector reports it, AND
  • Statute of limitations has expired

  • Practical Implications


    For Creditors


    Act Quickly:

  • Don't wait until near expiration
  • File suit with time to serve debtor
  • Document everything
  • Research applicable state law

  • Before Buying Debt:

  • Calculate remaining time
  • Discount price for older debt
  • Consider collection likelihood

  • For Debtors


    Know Your Defense:

  • Statute of limitations must be raised
  • Not automatic dismissal
  • Calculate expiration carefully
  • Don't revive accidentally

  • Validate First:

  • Collectors must verify debt
  • Check statute before negotiating
  • Consider time-barred status in settlement

  • Judgments: A New Clock


    Post-Judgment


    Once judgment obtained:

  • New statute of limitations begins
  • Typically 10-20 years
  • Renewable before expiration
  • Much longer than original debt statute

  • Strategic Importance


    Creditors should:

  • Obtain judgment before SOL expires
  • Renew judgments before they expire
  • Judgment creates new, longer enforcement period

  • Special Circumstances


    Business vs. Consumer Debt


  • Same statutes typically apply
  • Some states have special commercial provisions
  • Written contracts more common in business (longer periods)

  • Secured vs. Unsecured


  • Statute applies to right to sue
  • Secured creditors may foreclose without suit
  • Repossession rights separate from lawsuit rights

  • Statute on Judgment


  • Different from original debt statute
  • Usually 10-20 years
  • Renewable in most states

  • International Considerations


    Foreign Creditors


  • Must use U.S. state statutes for U.S. debtors
  • May need to domesticate foreign judgments
  • Different rules apply

  • U.S. Creditors/Foreign Debtors


  • Foreign country's limitations periods apply
  • Often different framework entirely
  • Legal advice essential

  • Recent Changes


    **Ohio** - Changed from 15 to 8 years (2012)


    **North Carolina** - Significant case law developments


    **Many States** - Increased consumer protections around time-barred debt collection


    **Ongoing:** Several states considering reforms


    Legal Strategy


    For Creditors


    1. Determine applicable statute immediately

    2. Calendar expiration date

    3. File suit with adequate time margin

    4. Don't delay hoping for voluntary payment

    5. Consider judgment even if uncollectible now


    For Debtors


    1. Determine if debt is time-barred

    2. Request validation from collectors

    3. Raise statute of limitations as defense if sued

    4. Don't make payment without legal advice

    5. Get written agreements before paying old debt


    Alexander Strauss & Associates


    We Handle Complex Statute Issues


    Our expertise includes:

  • Multi-state statute analysis
  • Choice-of-law determinations
  • Tolling and revival questions
  • Pre-suit statute verification
  • Judgment before expiration

  • We Act Promptly


    When you engage us:

  • Immediate statute review
  • Calendar critical dates
  • File suit before expiration if needed
  • Obtain judgments for long-term enforcement

  • 25+ Years Experience


    We understand:

  • State-specific nuances
  • Recent case law developments
  • Revival and tolling rules
  • Interstate enforcement issues

  • Free Consultation


    We'll review:

  • Your debt age and type
  • Applicable statute
  • Whether action is timely
  • Best collection strategy

  • Conclusion


    Statutes of limitations are critical for:


    1. **Creditors** - Act before time expires

    2. **Debtors** - Understand your defenses

    3. **Both** - Document everything

    4. **Everyone** - Seek professional advice on close cases


    **Key Takeaway:** Time limits vary dramatically by state and debt type. Don't assume—verify the applicable statute and act accordingly.


    **Questions about statute of limitations on your debt?** Contact Alexander Strauss & Associates at (469) 531-0092 or visit our [contact page](/contact) for professional guidance.


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