Legal Question in Credit and Debt Law in Minnesota
collections
Is there a statue of limitations on past debts?
Asked on 9/16/08, 1:24 pm
1 Answer from Attorneys
Kent Gravell
Cundy & Martin, LLC
Re: collections
In Minnesota, it's generally six years unless the debt is with regard to UCC sale of goods, in which case it's four years.
See Minnesota Statute 541.05 (six years) and Minnesota Statute 336.2-725 (four years for UCC sale of goods contracts).
Kent Gravelle
Answered on 9/16/08, 1:29 pm