Legal Question in Credit and Debt Law in New York
bad debt
Hello,
My question I now live in Virginia but I have outstanding debt in new york state. How many years after the debt can you be helf liabil for the debt. Is there a time period where you are no longer required to pay on the debt. MOst of my debt is old Doctor bill or credit cards. The debt is at least 7-10 years old.
Asked on 10/15/05, 4:42 pm
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: bad debt
The NYS statute of limiations for breach of contract at most is 6 years form the breach. If you have not been sued you should be in good shape.
Good Luck
RRG
Answered on 10/15/05, 5:47 pm