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Time Limit ???

Rick18974 · 2009-02-24 20:38:31

Our Collection Agency has been trying to collect a very old past-due debt. The Agency has not been success and now has suggested the legal route. Is there a time limit where you can take a debtor to court?

24-02-2009 8:38pm

#1

Rick18974

Closed Accounts Posts: 2 ✭

Join Date: February 2009

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Our Collection Agency has been trying to collect a very old past-due debt. The Agency has not been success and now has suggested the legal route. Is there a time limit where you can take a debtor to court?

0

Comments

#2 24-02-2009 9:12pm

RuailleBuaille

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Posts: 477

Would your collection agency not know this already?

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#3 24-02-2009 10:00pm

Tom Young

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Join Date: May 2005

Posts: 4233

There's a thread on this.

6 years for a simple contract, or 6 years from the date of either:

1. Last part payment; or
2. Acknowledgement in writing of debts due and owing.

Tom

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