Debt Collection Time Limits

Summary

In Oregon, the statute of limitations for debt collection is six years. After this period, creditors cannot legally enforce the debt through the courts, though they may still try to collect informally. If a debt is older than six years, it is considered time-barred, and you can request the creditor to stop contacting you. However, the debt may still appear on your credit report. Consider sending a letter to the creditor to assert that the debt is time-barred and request cessation of contact.

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can a company hold a debt forever against someone?
In Oregon, the statute of limitations for debt collection is generally six years for most types of debt. After this period, a company cannot legally enforce the debt through the courts. However, they may still attempt to collect the debt informally.
Is the debt in question recent or older than six years?
Is there a way to get a company to release a debt that is older then * yearsa?
In Oregon, if a debt is older than six years, it is beyond the statute of limitations, meaning the creditor cannot legally sue you to collect it. However, the debt may still exist on your credit report.
You might want to consider:
- Sending a letter to the creditor stating the debt is time-barred.
- Requesting the creditor to stop contacting you.
Have you received any recent communications from the company regarding this debt?