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  • February 6, 2021
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When Does A debt Get too Old to Collect?

When Does A debt Get too Old to Collect? Dear To Her Credit, Read On Below I will be getting sued with a creditor. The account is approximately six or seven yrs old. Can the creditor accumulate cash all things considered of the time? We inhabit Minnesota. Dear Jasmine, In Minnesota, the statute of restrictions is six years, therefore at first it might appear that a six- or seven-year-old financial obligation is uncollectible. (See our map for the statutes of restrictions in other states.) You need to consider a few other factors before you decide you're safe, however. More On...
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