Legal Question in Credit and Debt Law in New York
debt collection statute of limitations
I used cash advances to keep my drafting business afloat and was unable to pay back 10 years ago. I haven't paid them anything on the debt. They froze my only checking account that had my SSA direct deposits. How do I stop them??
Asked on 6/30/02, 11:22 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: debt collection statute of limitations
If they have a judgment filed against you, that judgment is good for 20 years. If no judgment was entered , their time to start a suit has expired and the execution should be vacated.
Answered on 6/30/02, 1:41 pm