29 Sep What is the Statute of Limitations for Debt Lawsuits in Massachusetts?
Generally speaking, the statute of limitations for a creditor to bring a lawsuit to collect a typical unsecured debt (like a credit card) in Massachusetts is six years from the date of the original breach, or failure to pay. This six-year period, however, is subject to a number of limitations. For instance, a subsequent payment after the initial breach can renew a debtor’s obligation and restart the statute of limitations. Moreover, there are a number of circumstances that can serve to pause, or “toll” the statute of limitations clock. Consult an experienced debt litigation attorney for an analysis of your particular circumstances.
While the statute of limitations may bar lawsuits against you to collect an old debt, it does not always bar a creditor from contacting you to collect the debt. However, the Fair Debt Collection Practices Act prohibits a debt collector from threatening a lawsuit after the passage of the statute of limitations.
Nicholas Ortiz, Boston Bankruptcy Attorney
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