State law sets statutes of limitations for debts, which may vary from state to state, according to the Federal Trade Commission. Some states have several statutes of limitations. The applicable law depends on the type of... More »

www.reference.com Government & Politics Law Debt Law

Debt collection statutes of limitations vary by state, the Consumer Financial Protection Bureau notes. Companies can attempt to collect a debt indefinitely, but they cannot sue debtors to collect debts for which the stat... More »

www.reference.com Government & Politics Law Debt Law

The statute of limitations that regulates how long creditors can sue to collect old debts varies by state, according to the Federal Trade Commission. Most states have statutes of limitation that lasts three to six years,... More »

www.reference.com Government & Politics Law Debt Law

Laws governing debt collection rights include a debt collector having to validate any debt the collector is attempting to collect, the Federal Trade Commission says. The law also mandates that a debt collector cannot con... More »

www.reference.com Government & Politics Law Debt Law

On the federal level, the Fair Debt Collection Practices Act protects consumers from certain debt collection practices and sets rules that debt collectors must follow, notes the Federal Trade Commission. Several states h... More »

www.reference.com Government & Politics Law Debt Law

The statute of limitations that regulates how long creditors can sue to collect old debts varies by state, according to the Federal Trade Commission. Most states have statutes of limitation that lasts three to six years,... More »

www.reference.com Government & Politics Law Debt Law

Chapter 9 bankruptcy is a form of debt reorganization reserved for municipal governments and other local authorities that are unable to meet their obligations and require relief from debts. According to David Haynes for ... More »

www.reference.com Government & Politics Law Debt Law