What is the statute of limitations in a collection defense law case?

In West Virginia, the statute of limitations for a collection defense law case is five years. This means that if the debt is more than five years old, the creditor is prohibited by law from filing a lawsuit against the debtor. The five year period begins at the date of the last activity on the debt, which can include late payments or missed payments on the account. It is important to note that the statute of limitations can be extended if the debtor signs a new agreement with the creditor, acknowledging the debt and resetting the clock for the statute of limitations. For those facing a collection defense law case in West Virginia, it is important to remember that the statute of limitations puts a limit on the amount of time that a creditor can sue you over the debt. If the creditor has not sued within the five year period, then they are most likely barred from doing so. If you have any questions or concerns about the statute of limitations in your collection defense law case, it is important to seek legal advice from an experienced attorney.

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What is the statute of limitations in a collection defense law case?

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