What's the Statue Of Limitations in Indiana for debt collection?

0 ⤊

What's the Statue Of Limitations in Indiana for debt collection?

2007-08-25 06:21:23 · 2 answers · asked by STARS 3 in Business & Finance ➔ Credit

2 answers

There is no statute of limitations (SOL) for debt collection. They can follow you to the grave. The SOL is an affirmative defense if they take you to court.

The SOL for open accounts is 6 years and written accounts is 10. While credit cards are defined as open, many collection agents have been successful in convincing judges that they are written.

2007-08-25 07:43:08 · answer #1 · answered by bdancer222 7 · 0⤊ 1⤋

10 Years- See this link it will explain everything.

2007-08-25 06:57:00 · answer #2 · answered by lovelyrj7 4 · 0⤊ 0⤋