Debt Collection Time Limits

Summary

In North Carolina, the statute of limitations on debt is generally 3 years for most types of debt. After this period, a debt collector cannot sue for collection. However, they may still attempt to collect the debt. In Maryland, the statute of limitations for most types of debt, including private loans, is generally 3 years. Always consult with a legal professional for specific advice.

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can a debt collector take action after 7 years have passed from a private loan
In North Carolina, the statute of limitations on debt is generally 3 years for most types of debt. After this period, a debt collector cannot sue for collection. However, they may still attempt to collect the debt. Always consult with a legal professional for advice.
how about maryland
In Maryland, the statute of limitations for most types of debt, including private loans, is generally 3 years. However, it's always recommended to consult with a local legal professional for specific advice.