Legal Question in Credit and Debt Law in Florida
Statue of limitations
On a loan that has been written off by a bank, then has been bought up or taken over by an out of state company, what is the statue on collections - harressment - etc. by this bunch of ''artists''? No suit was made by bank, no lein, etc. Just listed on credit report.
Asked on 10/23/02, 7:40 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: Statue of limitations
Most likely, five years from the due date or last payment or acknowledgement of the debt.
Answered on 10/23/02, 8:04 pm