Legal Question in Credit and Debt Law in Virginia
Statute of Limitations
Is there a statute of limititions regarding debt collection in Virgnia?
Asked on 11/20/00, 5:11 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Statute of Limitations
Generally 5 years, but under certain circumstances it could be 3 or 4, or longer (or shorter) for certain types of debts. In general it runs from the date of the last payment, but again that depends on the type of debt.
Answered on 11/28/00, 11:17 am