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Statute of limitations/ Legal recourse


lebinky
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Hello all, for the last couple of weeks I have been receiving collection calls from a CA in regards to a JC Penney's charge card that charged off in 1987. Obviously, this negative account has dropped off my credit report long ago. I have yet to send a "desist communications letter", but I am planning to. I live in KY and our statute of limitations for this kind of account appears to be 5yrs. I'm curious if I can take legal action against the CA for continually calling me on an account whose statute of limitations has expired? Thanks for the help.

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Sounds like you may be confused about SOL.

SOL is state law that details the time period during which a valid lawsuit may be brought against you and the ramifications should judgment be granted. The expiration of this time period doesn't automatically prevent a suit, but rather, provides an affirmative defense.

SOL doesn't address collection efforts, which can continue (pretty much) forever on unpaid debts. So, no, you have no legal recourse on a CA attempting to collect an old, unpaid debt.

But you do have the option of sending the cease communication letter.

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SOL doesn't address collection efforts, which can continue (pretty much) forever on unpaid debts. So, no, you have no legal recourse on a CA attempting to collect an old, unpaid debt.

But you do have the option of sending the cease communication letter.

Technically, I guess that's true but filing a lawsuit on a debt after the expiration of the SOL has been held to be a violation of the FDCPA across several jurisdictions.

I would send the C&D letter but also include a caveat warning the CA about filing suit on old accounts. If they do, and you counterclaim (having not sent the notice), they can claim bona-fide error. By sending the correspondence about the SOL, you can cast some serious doubt on the error defense if they proceed with a lawsuit against you anyway.

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