Debt Collection Lawsuit Limitations

Ask Your Question For Free

Summary

The statute of limitations for written contracts in Kentucky is 15 years. After this period, collection agencies cannot legally sue to collect the debt. Always seek advice from a local attorney for your specific situation.

Full Conversation

I'm wanting to know if a collection agency can sue you for a debt that is over 20 years old. That was from a personal finance loan.
Hello Tabitha, the ability for a collection agency to sue for an old debt depends on the statute of limitations in your state. May I ask, in which state are you located?
Kentucky
Hello Tabitha. In Kentucky:
- The statute of limitations for written contracts (like a personal loan) is 15 years.
- After that time, they legally cannot sue you to collect the debt.
Please consult a local attorney for advice tailored to your situation.
Okay thank you
You're welcome, Tabitha! If you have any other legal questions in the future, don't hesitate to reach out. Remember, it's always a good idea to seek advice from a local attorney for your specific situation.