After the statute of limitations has passed, creditors can no longer sue to collect a time-barred debt, which means they cannot garnish your wages or put a lien against any of your personal assets.

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Khadija Khartit is a strategy, investment, and ...

What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

IRS has a 10-year window to collect back taxes - but for many Americans, that doesn't mean the debt simply disappears.

If you're in default on your student loans, knowing the statute of limitations is important to protect your rights. Ignoring student loan debt is rarely the right answer. Federal student loan default ...

Most people would agree that for horrendous crimes there should be no statute of limitations for prosecution. For example, the federal government and most states impose no statute of limitations on ...

In Center for Biological Diversity v. County of San Benito (2024) 104 Cal.App.5th 22, the Court of Appeal held that the statute of limitations for two CEQA challenges did not begin to run until the ...

The Iowa Senate Appropriations Committee advanced a bill that would add an exemption to the time limit on filing child sexual abuse lawsuits, allowing former Boy Scouts in the state to be a part of ...

Statutes limit how long you can sue for debts; varies by state and crime severity. Missed deadlines mean you cannot pursue overdue payments legally anymore. Investors must understand these limits, ...