How long is the statute of limitations on a debt???

Answer 1

Ignore the previous answer.

The statute depends on the type of debt and state you live in.

Here is a list of the statute of limitations organized by state and type of debt: http://www.expert-credit-advice.com/statute_of_limitations.htm

The statute of limitations for credit reports varies as well.


collections, debts, late pays, etc... 7 years

chapter 7 bankruptcy 10 years (from discharge)

chapter 13 bankruptcy 7 years (from discharge)

judgments 15 years

inquiries 2 years



Thats the whole truth!

Answer 2

Generally, it is 7-11 years, starting when the debt was due AND
dependant on what state you are in and what type of debt it is.

Some debt is exempt from the rule, like student loans, alimony,
criminal fines and any debt that was issued by court order. These never expire.

Answer 3

Depends on your state and whether it was a written or verbal agreement. Refer to the site below.