What is the Statute of Limitations for Debt Lawsuits in Massachusetts?

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.

Related Posts Plugin for WordPress, Blogger...
The following two tabs change content below.

Nicholas Ortiz, Boston Bankruptcy Attorney

From Attorney Ortiz: We have been helping consumers and small businesses in Massachusetts successfully navigate through the bankruptcy process since 2002. We offer free initial consultations and payment plans. Call us at 617-716-0282 to discuss your debt relief options. Mention the Bankruptcy Law Network when you call!
No Comments

Sorry, the comment form is closed at this time.