How long does a debt collector have to file a lawsuit?

In Kansas, debt collectors have two years from the date of the last payment on the debt to file a lawsuit for payment. This time limit is known as the statute of limitations and is written into the state’s consumer debt defense law. The statute of limitations can be stopped or “tolled” if a debtor enters into an agreement with the creditor or participates in debt consolidation, debt settlement, or other debt-relief program. In this case, the two-year period would start again from the date of the last payment made on the agreement. It is important to note that entering into any agreement with a creditor may have an impact on the status of the debt. Additionally, the state of Kansas also has a “fair debt collection practices act” which provides additional protection to consumers against abusive or deceptive debt collection practices. This act prohibits debt collectors from making false statements, engaging in unfair practices, or using profane or abusive language. It is important to keep track of such limitations and filing deadlines to protect yourself against debt collectors. To ensure that the statute of limitations does not run out, it is best to seek legal counsel or contact a credit counseling agency to help assess the situation and provide guidance in dealing with debt collectors.

Related FAQs

What should I do if a creditor refuses to accept a payment plan?
How long does a debt collector have to file a lawsuit?
How do I dispute an incorrect debt amount?
What is a debt validation letter?
Can I sue a debt collector?
What is a debt management plan?
What is a debt collection mediation?
How can I challenge an inaccurate credit report?
Can a debt collector call me on my work phone?
How do I negotiate with a debt collector?

How long does a debt collector have to file a lawsuit?

Related FAQs

Related Blog Posts