What is the statute of limitations for filing a complaint against a debt collector?

In Oklahoma, the statute of limitations for filing a complaint against a debt collector is three years. This applies to any action brought by an individual under the Consumer Fraud Law. So, if a debt collector has broken the law in Oklahoma, the person affected must file a complaint against the debt collector within three years of the illegal act. When a debt collector has violated federal laws such as the Fair Debt Collection Practices Act (FDCPA) or the Consumer Financial Protection Bureau (CFPB) rules, the statute of limitations is often longer than three years. This is because the federal government has longer timeframes for filing complaints. Therefore, it is important to read the fine print of the applicable laws to determine exactly how much time a person has to file a complaint or take legal action. It is also important to keep in mind that the statute of limitations for filing a complaint against a debt collector is separate from the statute of limitations for the debt itself. The statute of limitations for a debt in Oklahoma is five years. So, while an individual may be able to take legal action against a debt collector after three years, the debt itself may still be legally enforceable after five years. It is also important to note that statutes of limitation vary by state. Therefore, those living in other states should research the applicable statutes of limitations in their location.

Related FAQs

What remedies are available if a telemarketer violates the Telephone Consumer Protection Act (TCPA)?
What should I do if I am served with a consumer fraud complaint?
What is health care fraud?
What is the role of the credit reporting agencies in preventing consumer fraud?
What common consumer fraud schemes should I be aware of?
What is considered an unfair practice under consumer fraud law?
What should I do if I am contacted by a debt collector?
What steps can I take to make sure I am not a victim of consumer fraud?
What is the difference between consumer fraud and identity theft?
What is the difference between civil and criminal fraud?

What is the statute of limitations for filing a complaint against a debt collector?

Related FAQs

Related Blog Posts