Can a debt collector sue me after the statute of limitations has expired?

In New Mexico, debt collectors cannot sue you after the statute of limitations for a debt has expired. The statute of limitations is a law that sets a time limit on how long a debt collector can pursue legal action against you for an unpaid debt. In New Mexico, the statute of limitations for most common debts is three years from the date of default or the date of the last payment. Once the statute of limitations has expired, the debt is no longer legally enforceable in New Mexico, and a debt collector cannot sue you for the unpaid debt. However, debt collectors may still attempt to collect on a debt after the statute of limitations has expired. Debt collectors may use tactics such as phone calls, letters, or emails to try to convince you to pay the debt or to pressure you into making a payment. It is important to remember that you do not have to pay a debt that is no longer legally enforceable. If you feel that a debt collector is harassing you, you may wish to contact an attorney to discuss your rights and seek assistance.

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Can a debt collector sue me after the statute of limitations has expired?

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