Legal Question in Credit and Debt Law in New Jersey
debt collection
In NJ what is the statute of limitations on collecting a debt? I have been contacted on a debt from 1988.
Asked on 11/27/07, 2:36 pm
1 Answer from Attorneys
Robert Davies
The Davies Law Firm, P.A.
Re: debt collection
You need to talk to a lawyer about this. The SOL is six years, BUT if you make payments on it, or acknowledge that you owe it or...a couple of other things will extend the time for the SOL to run out.
Go talk to a lawyer.
Answered on 11/28/07, 10:06 am