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Make sure to respond promptly with the proper documentation to build trust and avoid any legal issues. Know the Statute of Limitations Every debt has an expiration date. Once a debt surpasses its statute of limitations, it’s no longer legallycollectible. Ready to optimize your financial health and cash flow?
Make sure to respond promptly with the proper documentation to build trust and avoid any legal issues. Know the Statute of Limitations Every debt has an expiration date. Once a debt surpasses its statute of limitations, it’s no longer legallycollectible.
Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legallycollect on it. Alternatives To Court Dealing with a debtcollection agency can be stressful and overwhelming.
After winning a court judgment absolving them of rental debt, one tenant found that the debt collector refused to remove the debt from their record, blocking them from securing new housing and impacting their credit.
After winning a court judgment absolving them of rental debt, one tenant found that the debt collector refused to remove the debt from their record, blocking them from securing new housing and impacting their credit.
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