Legal Question in Credit and Debt Law in District of Columbia
Statute of Limitations
A collection agency contacted me today trying to collect a debt that was made in 01/92. A university is stating I owe them money. I have never heard from the university trying to collect this money. The collection agency received this 2 months ago. I do not feel I owe the debt and was wondering if there was a statute of limitations on the university trying to collect this money or my obligation to pay it. Of course, the collection agency is telling me there is no statute of limitations and I have to pay the money no matter how old the debt is or that I am just now being contacted regarding the debt. Please advise.
1 Answer from Attorneys
Re: Statute of Limitations
If this is a student loan, there is no statute of limitations. If it is a tuition bill, the statute of limitations may apply. But DC has a 12-year statute for contracts made under seal, which basically requires that it say something like "signed and sealed" above the signature line with an indication of a seal (usually printed next to the signature line).