Legal Question in Credit and Debt Law in Illinois
In 1996, I owed a university a balance off a tuition. Today a collection agency is stating that the university is collecting on a loan (it is not a loan, to my understanding). Is there a statute of limitations on a school debt not school loan?
Asked on 4/20/12, 2:30 pm
1 Answer from Attorneys
Jonathan Shimberg
Shimberg and Crohn, P.C.
As far as i know it is 10 years.
Answered on 4/24/12, 1:04 pm