What Is the Statute of Limitations in Florida on Collecting Past Due Accounts?


Quick Answer

The statute of limitations for collecting debt in Florida is four years for oral contracts or open-ended accounts. For written contracts or promissory notes, the statute of limitations is five years.

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Full Answer

Under a statute of limitations, creditors and debt collectors have a certain amount of time in which they can sue a former customer who has not paid a debt. Even after the statute of limitations is over, creditors can still make attempts to collect on an unpaid debt. Once the window for a lawsuit has expired, creditors can still go to court. At that point, the laws and judicial system of the state of Florida determine the outcome of the dispute.

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