Legal Question in Credit and Debt Law in New York

Collection Deadline

Can I have a copy of the law that states that a debt after 7 years cannot be persued by a collection agency or attorney?


Asked on 6/05/03, 11:54 am

2 Answers from Attorneys
Debra Palazzo Law Offices of Debra Palazzo, LLC

Re: Collection Deadline

There is no such law. I think you have the "statute of limitations" to collect on a debt (6 yrs) and the amount of time a debt can remain on your credit report under the Fair Credit Report Act (7yrs) mixed up. There are exceptions to both laws. Pls Email me and I will gladly send you a copy of either law via email.

Debra Palazzo [email protected]

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Answered on 6/06/03, 5:47 pm
Andrew Nitzberg Andrew Nitzberg & Associates

Re: Collection Deadline

The 'Fair Debt Colection Act' is a federal law and is available either on the internet from the federal government or by going in person to the nearest county law library (every county in NY state has one that is available to the public).You are welcome to a consultation at my offices for no fee at 42 West 44th St, NY,NY. Please call for an apointment first -646-591-5786.

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Answered on 6/07/03, 10:03 am


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