What is the statute of limitations on medical debt?

In Wisconsin, the statute of limitations on medical debt depends on whether the debt is an open-ended account or an installment account. For an open-ended account, such as a credit card, the statute of limitations is six years. However, for an installment account, such as a medical bill, the statute of limitations is three years. The statute of limitations begins to run from the date of last activity, which is usually the date of the last payment made. After the statute of limitations has expired, the debt is considered “time-barred” and the creditor or debt collector cannot take legal action against you in court to collect the debt. However, even if the statute of limitations has expired, the debt still may appear on your credit report. It is important to be aware of the statute of limitations on your medical debt and to track the timeline of when it began and when it’s expected to end. If you are being contacted by a creditor or debt collector regarding a debt that is past the statute of limitations, you can point out to them the expired time-barred debt and explain that they are not permitted to take legal action against you.

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What is the statute of limitations on medical debt?

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