Legal Question in Credit and Debt Law in Mississippi

Is there a statue of limitations on collecting a debt??


Asked on 7/30/09, 9:03 am

1 Answer from Attorneys
Wayne Woodall Wayne Woodall Attorney

Yes. It depends on the facts. If the debt is evidenced by writing it is 3 years. Otherwise if it is an oral obligation only the statute is 1 year.

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Answered on 8/08/09, 6:58 am


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