Legal Question in Credit and Debt Law in New York
Account Purchased by Collection Agency
Today I received a letter stating an account of mine was purchased by a collection agency. The account dates back to at least 1989 (when I lived in New York). I've read on this website that the statute of limitations is 6 years for collection. What about when the account is purchased by a collection agency?
Asked on 6/21/02, 1:19 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: Account Purchased by Collection Agency
The same. The debt is stale and they cannot enforce it.
Answered on 6/21/02, 9:58 pm